The MER for the Tangerine Portfolios in the six months ended June 30, 2019 was 1.07%
after applicable waivers and absorptions by the manager. The Tangerine Investment Funds are considered long-term mutual funds. According to Investor Economics Insight, December 2018 Annual Review, the asset weighted MER for long-term mutual funds as of December 2018 was 2.08%.
Mutual funds are not insured by CDIC.
Tangerine Investment Funds are managed by Tangerine Investment Management Inc. and are only available by opening an Investment Fund Account with Tangerine Investment Funds Limited. These firms are wholly owned subsidiaries of Tangerine Bank. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or operational charges or income taxes payable by any securityholder that would have reduced returns. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.