U.S.

Equity Index (TDAM)

Fund facts Fund objective

as at December 31, 2022 To track the performance of the S&P 500 Total Return Index. The Fund invests in stocks
Asset class: Foreign equity included in the Index and S&P's depository receipts, and other instruments that approximate
Fund code: LUSET the return of the Index. The Fund also invests in Government of Canada T-bills and other
Asset category: U.S. equity Canadian money market instruments, and options, futures, and forward contracts - based
Fund inception date: April 2001 on the Index.
Segregated fund size: $1.34 billion
Underlying fund: TD Emerald U.S. Market Historical performance as at December 31, 2022
Index Fund This graph shows how a $10,000 investment in this fund, on December 17, 2012 would be
Underlying fund size: $5.49 billion worth $42,887 on December 16, 2022; compared to the benchmark which would be worth
$41,935 over that time period. Benchmark: 100% S&P 500 Index (Net)
Total fund operating expenses A line chart that shows the growth of a hypothetical investment of $10,000 over time, compared against a benchmark.

2021 2020 2019

0.051% 0.052% 0.057%

Volatility meter
The fund has average volatility relative to
all asset classes.

The fund has average volatility relative to

the fund’s asset class.

Investment manager Compound returns as at December 31, 2022

TD Asset Management Inc. 3 mth 1 year 2 year** 3 year** 4 year** 5 year** 10 year**
Investment management style Fund* 5.97% -12.35% 5.59% 8.95% 12.62% 10.67% 15.67%
TDAM specializes in indexed, or passive, Benchmark 5.92% -12.59% 5.39% 8.72% 12.37% 10.56% 15.41%
management of equities and bonds. The major ** Stated on an annualized basis
advantages of indexing are consistent relative
performance, diversification, minimizing Calendar year returns
manager risk and lower costs. Investment
management costs (management fees, YTD 2021 2020 2019 2018 2017
transaction costs, custody and market impact) Fund* -12.35% 27.21% 15.97% 24.39% 3.22% 13.93%
are considerably less for indexing than for Benchmark -12.59% 27.07% 15.69% 24.09% 3.62% 13.15%
active management.
* Anyperformance shown prior to the fund’s inception date is that of the underlying fund and is
considered representative of this fund’s performance.

Composition Top holdings as at December 31, 2022

A pie chart showing the contributing names and weight percentages that make up the total value of this allocation. Name Weight (%) Name Weight (%)

Foreign equity 99.9% Apple Inc. 5.9%

Cash and equivalents 0.1% Microsoft Corp. 5.5%
Amazon.com Inc. 2.3%
Visa Inc. Com Cl A 2.1%
Berkshire Hathaway Inc. Cl B New 1.7%
Alphabet Inc. Cl A 1.6%
UnitedHealth Group Inc. 1.5%
Equity industry Alphabet Inc. Cap Stk Cl C 1.4%
A pie chart showing the contributing names and weight percentages that make up the total value of this allocation. Name

Information technology
Weight (%)

26.2% Johnson & Johnson 1.4%

Health care 15.5% Exxon Mobil Corp. 1.4%
Financials 12.0% Total 24.8%
Consumer discretionary 9.6%
Other 36.7%

Geographic split
A pie chart showing the contributing names and weight percentages that make up the total value of this allocation. Name Weight (%)

United States 96.8%

Ireland 1.7%
United Kingdom 0.6%
Switzerland 0.5%
Canada 0.1%
Other 0.3%

Fund reports are produced by Transmission Media. Canada Life and design are trademarks of The Canada Life Assurance Company. The investment funds
described in this report are Canada Life segregated funds. The fund operating expenses shown do not include applicable taxes. The indicated fund
performance reflects changes in unit value and reinvestment of all distributions and is after deduction of all fund operating expenses and applicable taxes, but
before deduction of investment management fees and applicable taxes. The historical performance shown is that of the Canada Life segregated fund or the
underlying third-party fund. Past performance doesn’t indicate future performance. For more information on the fund, call us at 1-800-724-3402.