Standard Life Canadian Equity Class

Standard Life International Bond Fund
Category
Global Fixed Income
Investment Objective
To provide superior income returns and currency
diversification. The Fund invests primarily in the foreign
currency debt securities of high-quality issuers. The
fundamental investment objective of the Fund may only
be changed with the approval of a majority of unitholders
at a meeting called for that purpose.
Volatility Analysis
Investment
Low
Category
Moderate High
Operations
Series Load Structure Fund Code
A Defer Sales Charge SLM056
A Front End Charge SLM256
A Low Load Charge SLM156
E No Sales or Redem SLM856
L No Sales or Redem SLM456
A Inception 11-08-1994
E Inception 07-02-2003
L Inception 07-03-2002
A Management Fee 2.00%
E Management Fee 1.50%
L Management Fee 1.15%
Disclaimer
** Not annualized
For advisor use only. This document is not
intended for public distribution.
Note: This page is not complete without
disclaimers. Please refer to the end of this
document for details.
Standard Life Mutual Funds Ltd.
Benchmark
JP Morgan Global Government Bond Index (CA$)
Performance Analysis as of 06-30-2011
Published: 07-20-2011 | PC 5313
15 Growth $10,000
14
Series A
13
Benchmark
12
11
10
9
©2011 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) 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 use of this information. Past performance is no guarantee of future results. ?
22 The Quarterly Review
45
30
15
0
-15
Calendar
Year Returns %
Series A
Benchmark
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 YTD Calendar Year
9.4 15.7 -8.9 -0.9 -7.6 6.3 -7.2 31.3 -12.0 0.9 0.7 Series A %
5.4 18.4 -6.6 2.0 -9.2 5.6 -6.2 40.7 -13.7 0.8 0.9 Benchmark %
Annualized Returns as of 06-30-2011 3 Month** 1 Year 3 Year 5 Year 10 Year Since Fund Inception
Series A 2.4 -0.5 3.4 3.6 2.0 3.7
Series E 2.6 0.0 4.0 4.2 — 1.3
Series L 2.7 0.3 4.4 4.6 — 2.0
Index 2.5 0.0 4.6 4.6 3.2 4.4
Portfolio Analysis
Composition % Assets
Cash
Fixed Income
Canadian Equity
US Equity
International Equity
Other
6.8
93.2
0.0
0.0
0.0
0.0
Top Ten Holdings % Assets
Japan 0.5% 20-12-2014
UK Treasury 4.75% 07-03-2020
Province of Quebec 3.625% 10-02-2015
US Treasury Note 1.375% 15-09-2012
US Treasury Bond 4.375% 15-05-2041
Quebec Prov Cda 1.6% 09-05-2013
US Treasury Bond 4.25% 15-11-2040
Government of France 4% 25-10-2038
Quebec Prov Cda 7.5% 15-09-2029
Government Of France 2.5%
Total Number of Portfolio Holdings
Total Number of Underlying Holdings
Total Number of Stock Holdings
Total Number of Bond Holdings
8.2
6.5
6.0
6.0
5.8
5.8
5.2
4.0
3.5
3.1
39
39
0
35
Fixed Income Breakdown % Net Assets
Government Bonds 93.2
Corporate Bonds 0.0
Other Bonds 0.0
Mortgage Backed Securities 0.0
ST Investments (Cash & Other) 6.8
Asset Backed Securities 0.0
Top 10 Countries % Assets
Canada 41.6
United States 25.6
Japan 9.2
France 7.1
United Kingdom 6.5
Germany 5.4
Norway 1.9
Australia 1.6
Luxembourg 1.2