Performance figures for each account are calculated using time weighted rate of returns on a daily basis. The Composite returns are calculated based on the asset-weighted monthly composite constituents based on beginning of month asset mix and include the reinvestment of all earnings as of the payment date. Composite returns are as follows:

2015 Market Outlook Event // Question & Answer

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Q+A Part 1: Can you comment on the current Vancouver real estate market?

Q+A Part 2: Is the increase in Canadian household debt really that bad?

Q+A Part 3: At today’s oil prices, how much of North American supply is uneconomical?

Q+A Part 4: Discuss NWM’s investment approach and is it time to invest in oil stocks?

Q+A Part 5: What is the timeline for real estate prices to follow oil prices in oil-producing areas?

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