PUR Investing Inc. is a Canadian controlled private corporation incorporated under the laws of Canada.

Access to and continued use of this web site (the "Site") constitutes your acceptance of, and is conditional upon your continued acceptance of and compliance with the following terms (the "Terms"), as well as all applicable laws and regulations. If you do not agree with any of these Terms, do not use this Site. Also note that these Terms may change from time to time.

All products and services of PUR Investing Inc. are subject to the terms and conditions of the applicable agreements governing their use.

These Terms are to be read by you together with any terms, conditions or disclaimers provided in the pages of this Site. In the event of any conflict, the terms provided in the pages of this Site will govern.

The information, material and content provided in the pages of this Site (the "Information") may be changed at any time without notice. Changes may be made to the Terms at any time without notice by updating this posting. You agree to review the Terms regularly and by continuing to access or use the Site, you agree to any changes. It is your responsibility to check for any such changes.

Reserved Rights and Grant of Limited License
This Site is controlled and operated by PUR Investing Inc. (PUR). PUR either owns or has the intellectual property rights, including copyright, in all Information, including, but not limited to, images, illustrations, audio clips and video clips on the Site.

Users of the Site are granted a limited license to use (display or print) the Information for their own personal non-commercial use only, provided the Information is not modified and a copy of this agreement is attached to any copies that are made. Any other use of the Information is prohibited. Unless otherwise specified, none of the Information may be otherwise downloaded, copied, reproduced, republished, modified, stored in any medium, uploaded, posted, re-transmitted or re-disseminated in any manner or form without the prior written consent of PUR.

No Solicitation
The Information on this Site is provided for informational purposes only. No part of the Site should be taken to constitute an offer or solicitation to buy or sell securities and/or other products or services, unless otherwise stated.

Local Laws
It is important to note that not all of the products, services and Information are available in jurisdictions outside Canada. The Information does not constitute an offer or solicitation to buy or sell any product, service or information to anyone in any jurisdiction in which an offer or solicitation is not authorized or cannot legally be made or to any person to whom it is unlawful to make an offer or solicitation.

The terms and conditions applicable to any product, service or information will be those determined at the time of provision of the product, service or information. Please be aware of the laws of your country or that otherwise apply to you in relation to any of the matters described in these pages. If you choose to access the Site from outside of Canada, you do so on your own initiative and are responsible for compliance with applicable local, national or international laws. You may not use or export or re-export the Information of any copy or adaptation in violation of applicable laws or regulations, including export laws and regulations of Canada in force from time to time.

Links to Other Web Sites
The Site may contain links to other sites provided as references to help you identify and locate other Internet resources that may be of interest. These other sites were independently developed by parties other than PUR and PUR does not review, endorse, approve or control and is not responsible for the accuracy or appropriateness of the information contained, or endorse the viewpoints expressed, at such sites. In providing links to other sites, PUR is in no way acting as a publisher of the material contained on those other sites and does not seek to control the content of, or maintain any editorial control over such sites.

Linking to any other site is at your sole risk and PUR will not be responsible or liable for any damages in connection with linking. Links to downloadable software sites are for convenience only and PUR is not responsible or liable for any difficulties of consequences associated with downloading the software. Use of any downloaded software is governed by the terms of the license agreement, if any, which accompanies or is provided with the software.

A link to another site should not be construed to imply that PUR is affiliated or associated with, or is legally authorized to use any trade mark, trade name, logo or copyrighted symbol that may be reflected in the link or the description of the link to such other sites.

No Endorsement
The mention of another party or its product or service on the Site should not be construed as an endorsement of that party or its product or service.

Trade Marks
Certain words, phrases, names, designs, icons, graphics or logos used on the Site may constitute trade marks, service marks or trade names of PUR or other entities. The display of any trade marks on the Site does not imply that a license has been granted for any further use. Any unauthorized downloading, re-transmission or other copying or modification of trade marks may be a violation of federal or common law and/or trade mark law and could be subject to legal action.

Internet E-Mail
Any unencrypted or otherwise unprotected e-mail communication over the Internet is, as with communication via any other medium, not confidential, subject to possible interception or loss, and is also subject to possible alteration. PUR is not responsible for and will not be liable to you or any one else for any damages in connection with an e-mail sent by you to PUR or an e-mail sent by PUR to you at your request.

Conformance with Law
You agree that your use of the Site shall not violate any applicable local, national or international law, including but not limited to any regulations having the force of law. Some jurisdictions may have restrictions on the use of the Internet by their residents.

No Warranties
Information provided on the Site is believed to be reliable when posted. However, PUR does not guarantee the quality, accuracy, completeness or timeliness of the Information provided. PUR assumes no obligation to update the Information or advice on further developments concerning topics mentioned. Information contained on the Site may contain typographical errors. Information provided may be changed without notice.

Access to this Site is provided on an "as is, where is" basis. PUR and its officers, directors, employees and agents disclaim all express or implied warranties, representations, endorsements and conditions regarding use of the Site or the Information provided, including without limitation, all warranties as to merchantability, operation, fitness for a particular purpose, non-infringement, usefulness, completeness, accuracy, currency and reliability, whether arising from a course of dealing, usage or trade practice. Further, there are no representations and warranties that the Site will be available and meet your requirements, that access will be uninterrupted, that there will be no delays, failures, errors or omissions or loss of transmitted information, that no viruses or other contaminating or destructive properties will be transmitted or that no damage will occur to your computer system. You have sole responsibility for adequate protection and backup of date and/or equipment and to take reasonable and appropriate precautions to scan for computer viruses or other destructive properties.

Even though the utmost has been done to protect the security of the information received and transmitted by this Site, PUR and its officers, directors, employees and agents are not responsible for any direct, indirect, special, incidental, consequential, exemplary, punitive or any other damages whatsoever and howsoever caused, arising out of or in connection with the use of the Site or in reliance on the Information available on the Site or as a result of transmitting confidential or sensitive information to PUR over the Internet or if PUR communicates such information to you over the Internet, including any loss of use, lost data, lost business profits, business interruption, personal injury, or any other pecuniary loss, whether in an action of contract, negligence or other tortious action, even if PUR has been informed of the possibility these damages.

Choice of Law
This Site is administered by PUR from its offices in the Province of Ontario, Canada. The Site will be governed by the laws of the Province of Ontario and the laws of Canada applicable therein, notwithstanding any conflict of laws provisions or your domicile, residence or physical location. All disputes, controversies or claims arising out of or in connection with the Site shall be submitted to and be subject to the jurisdiction of the courts of the Province of Ontario. You hereby submit and attorn to the exclusive jurisdiction of the courts of the Province of Ontario to finally adjudicate or determine any suit, action or proceeding arising out of or in connection with this Site.

If you do not agree to be bound by the above Terms then please click on the BACK button on your web browser until you have left this Site.

Back-tested Performance
PUR Investing Inc. was established in 2006. Our strategies have been back-tested using out-of-sample data to reduce the biases that can impact these tests. We are confident that our decision-making is clear, consistent and applicable, but of course, as with any investment, there are no guarantees. Every effort has been made to include all costs associated with managing a portfolio including brokerage commissions and investment counseling fees. Performance shown is net of all these expenses. The sole purpose of these illustrations is to compare how strategies may have done over time. During periods when exchange traded funds did not exist, the performance of the underlying index net of corresponding management expense ratio costs was used. Past performance is not indicative of future performance.

Historical performance, back-tested or actual, is not a guarantee of future results.

Morningstar Canada is a leading provider of independent investment research including the Morningstar Indices of median, actively managed, mutual funds offered to Canadians. The Benchmarks used by PUR are tailored combinations of Morningstar indices weighted to mirror the risk characteristics in specific PUR portfolios. The information pertaining to Morningstar Canada is proprietary to Morningstar and/or its content providers and may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any of this information.