Helios2 Contract. Changes to the Fund selection FOR REPRESENTATIVES USE ONLY OCTOBER What s new! As of October 19, 2015.

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FOR REPRESENTATIVES’ USE ONLY

OCTOBER 2015

Helios2 Contract

Changes to

the Fund selection

What’s new!

As of October 19, 2015 New Funds

DFS GIF – Canadian Bond

DFS GIF – U.S. Monthly Income – Fidelity

DFS GIF – Balanced – Desjardins SocieTerra

DFS GIF – Global Balanced – Jarislowsky Fraser

DFS GIF – Canadian Equity – Jarislowsky Fraser

Investment Solutions: new underlying fund and new allocation percentages in the Fixed Income Securities portion Desjardins Enhanced Bond Fund Note: The financial data in this document pertains to the underlying funds.

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important notice

All amounts allocated to a DFS GIF are invested at the risk of the Contract Owner and may increase or decrease in value.

The investment fund categories indicated in each Fund description are the categories established by the Canadian Investment Funds Standards Committee (CIFSC).

Interest and dividend income are reinvested in the Funds, thereby helping to increase the Funds’ returns. Eligibility requirements for RRSPs and other Registered Plans of the DFS Guaranteed Investment Funds are established in accordance with current legislation.

Past performance is no indication or guarantee of future results.

DFS Guaranteed Investment Funds

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Fund Manager Desjardins Global Asset Management

Underlying Fund DGIA Canadian Bond

Asset Category Canadian Fixed Income

Underlying Fund Inception Date May 24, 2013

Inception Date Series 6 and 7: October 19, 2015

DFS GIF – CANADIAN BOND

Income

Desjardins Global Asset Management is a subsidiary of Desjardins Asset Management whose mission is to offer

optimal investment solutions that will help its partners and clients reach their goals. The firm manages approximately $62.7 billion in assets as at December 31, 2014, chiefly through management mandates from other Desjardins Group entities. Desjardins Global Asset Management is known for its expertise in fixed-income investment management, adaptive index management for both traditional and alternative sectors, multi-management, and also for its creative and innovative investment product design.

Series 6 Series 7

MER 1.75% 1.32%

Additional Fees –

Helios2 – 75/100 i 0.35% 0.35%

Additional Fees –

Helios2 – 75/100 GLWB 0.45% 0.45%

Fund Numbers Helios2 – 75/75 Helios2 – 75/100i Helios2 – 75/100GLWB

Series 6A

(no load) S956A M956A G956A

Series 6B

(low-load sales charges) S956B M956B G956B

Series 6C

(deferred sales charges – 7 years) S956C M956C G956C

Series 7A

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Annual Compound Returns of underlying fund as at June 30, 2015

Underlying Fund

1 year 2 years 5 years 10 years _inceptionSince

6.20% 6.18% N/A N/A N/A

Returns are net of the underlying fund’s management fees. Top Holdings of underlying fund as

at June 30, 2015

Description %

MLC NHA 97505220, May 1, 2020 6.61

C.I.B.C. CB, 2.65%, November 8, 2016 4.88 CANADA HOUSING TRUST 2.0000,

December 15, 2019 4.14

ONTARIO 2.8500, June 2, 2023 4.01

CANADA HOUSING TRUST 2.9000,

June 15, 2024 3.55

CANADA HOUSING TRUST 2.4000,

December 15, 2022 2.99

ROYAL BANK OF CANADA 2.8200,

July 12, 2018 2.91

ONTARIO 3.4500, June 2, 2045 2.61

ONTARIO 2.6000, June 2, 2025 2.35

ONTARIO 4.2000, June 2, 2020 _2.35

Total Number of Holdings: 372 To provide regular income and capital security by

investing in a portfolio of fixed-income securities from the Canadian bond market. The Fund employs a fundamental investment approach targeting a consistent allocation of value added sources. The strategy seeks to add value through management of duration, yield curve and credit risk.

Portfolio Manager Francis Scott Benchmark Index

FTSE TMX Canada Bond Universe Fund Asset Allocation of

underlying fund as at June 30, 2015

40.5% Corporate Bonds 30.9% Provincial Bonds 26.2% Federal Bonds

1.6% Cash and Cash Equivalents 0.8% Municipal Bonds

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Fund Manager Fidelity Investments

Underlying Fund Fidelity U.S. Monthly Income Fund

Asset Category Global Neutral Balanced

Underlying Fund Inception Date November 7, 2012

DFS GIF – U.S. MONThLY INCOME – FIDELITY

Balanced and Asset Allocation

Established in Canada in 1987, Fidelity Investments Canada is part of the Fidelity Investments organization of Boston, one of the world’s largest providers of financial services. As at December 31, 2014, the firm managed over $97.0 billion in mutual fund and institutional assets, including assets on behalf of public and corporate pension plans, endowments, foundations and other corporate clients across Canada. Fidelity Investments Canada offers investors a full range of

domestic, international and income-oriented mutual funds. Its clearly defined investment philosophy focuses on four major principles: individual security selection, extensive fundamental research, manager-driven decision making and adherence to proven investment disciplines.

MER 2.93% 2.42%

Additional Fees –

Helios2 – 75/100 i 0.70% 0.70%

Additional Fees –

Helios2 – 75/100 GLWB N/A N/A

Series 6A

(no load) S966A M966A N/A

Series 6B

(low-load sales charges) S966B M966B N/A

Series 6C

(deferred sales charges – 7 years) S966C M966C N/A

Series 7A

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Underlying Fund

19.41% 17.50% N/A N/A N/A

at June 30, 2015

Description %

Johnson & Johnson 1.79

J. P. Morgan Chase 1.65

Chevron 1.54

General Electric 1.54

iShares Barclays 20+ Year Treasury Bond 1.39

Procter & Gamble 1.06

Williams Companies Inc. 1.00

Wells Fargo 1.00

Verizon Communications 0.90

United Parcel Service Inc. 0.90

Total Number of Holdings : 2369 To achieve a combination of a steady flow of income

and the potential for capital gains by investing in a mix of U.S. income-producing securities. The Fund’s neutral mix is 50% exposure to equity securities and 50% exposure to fixed-income securities. These securities may be U.S. securities or non-U.S. securities but at least 70% of the Fund’s net assets will be invested in U.S. dollar-denominated investments.

Portfolio Manager

Geoffrey Stein and David D. Wolf Composition of the indices

Russell 3000 Value 40%

FTSE NAREIT Equity REITs Index 7%

Bank of America ML all US Convertibles 5%

Bank of America ML High

Yield Master II Constrained 12%

JP Morgan EMBI Global Diversified 5%

Barclays Capital US Aggregate Bond 31%

Fund Asset Allocation of

49.80% Foreign Equities 29.28% Other Foreign Bonds

9.41% U.S. High Yield Bonds 3.97% Convertibles 3.68% Other US Bonds

3.38% Cash and Cash Equivalents 0.47% Canadian High Yield Bonds 0.03% Other Canadian Bonds 0.01% Canadian Equities

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Balanced and Asset Allocation

Fund Manager Desjardins Funds

Underlying Fund SocieTerra Balanced Portfolio

Asset Category Canadian Neutral Balanced

Underlying Fund Inception Date January 15, 2009

DFS GIF – BALANCED – DESjARDINS SOCIETERRA

With Desjardins Funds, Desjardins puts its expertise in investment fund design to work for its members and clients, offering a family of investment products and solutions that investors can use to build a well diversified portfolio. With in-force business of more than $22 billion as at December 31, 2014, Desjardins is one of the top investment fund providers in Quebec. Desjardins Funds are divided into six categories and provide access to the expertise of national and international partners whose excellent results and management philosophy make them among the best in their field.

MER 2.74% 2.30%

Additional Fees –

Helios2 – 75/100 i 0.65% 0.65%

Additional Fees –

Helios2 – 75/100 GLWB 1.10% 1.10%

Series 6A

Series 6B

Series 6C

(deferred sales charges – 7 years) S976C M976C G976C

Series 7A

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Underlying Fund

4.53% 7.17% 6.46% N/A 7.24%

at June 30, 2015

Description %

Province of Ontario, 5.85%, March 8, 2033 4.40 Province of Ontario, 2.60%, June 2, 2025 3.30 NHA MBS of Merrill Lynch, 1.35%,

May 1, 2020 2.50

Government of Canada, 5.75%,

June 1, 2033 2.20

Canada Housing Trust, 2.40%,

December 15, 2022 2.20

September 15, 2023 1.90

Province of Québec, 3.50%,

December 1, 2045 1.90

NHA MBS of Merrill Lynch, 2.05%,

December 1, 2018 1.80

December 15, 2020 1.70

Bank of Montreal, 3.21%,

September 13, 2018 1.60

Total Number of Holdings: 396 To achieve a balance between long-term capital

appreciation and income by investing primarily in Canadian, and to a lesser extent, foreign equity and fixed-income securities and/or in units of mutual funds which themselves invest primarily in Canadian or foreign equity and fixed-income securities. The fund follows a socially responsible approach to investing.

Portfolio Manager Multimanager

Composition of the indices

S&P/TSX 14%

MSCI World 31%

FTSE TMX Canada Universe Bond Index 55%

underlying fund as at June 30, 2015 Canadian Bonds

20.7% Corporate Bonds 18.4% Provincial Bonds 11.1% Federal Bonds 15.0% Foreign Equities 14.7% U.S. Equities 12.8% Canadian Equities

4.3% Mortgage-Backed Securities 3.0% Cash and Cash Equivalents

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Balanced and Asset Allocation

Fund Manager Jarislowsky Fraser

Underlying Fund Jarislowsky Fraser Global Balanced Fund

Asset Category Global Neutral Balanced

Underlying Fund Inception Date September 30, 2001

DFS GIF – GLOBAL BALANCED – jARISLOwSkY FRASER

Founded in 1955, Jarislowsky Fraser is a registered investment counselling firm managing assets of $36.3 billion as at December 31, 2014, on behalf of retirement plans and foundations. Based in Montreal, the firm distinguishes itself through its emphasis on fundamental investment research, which concentrates on identifying companies with sustainable earnings growth, strong management and a sound balance sheet.

Highlights:

• Conservative investment philosophy

• Diversified, high-quality portfolios designed to preserve the real purchasing power of its clients’ funds with minimal risk and achieve long-term growth

• Low risk approach toward the management of both equities and fixed-income investments

MER 2.59% 2.24%

Additional Fees –

Helios2 – 75/100 i 0.65% 0.65%

Additional Fees –

Helios2 – 75/100 GLWB 1.10% 1.10%

Series 6A

Series 6B

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Underlying Fund

11.14 % 14.25% 11.84% 6.89% N/A

at June 30, 2015

Description %

Jarislowsky Fraser International Pooled Fund 20.45

Toronto-Dominion Bank 1.59

Jarislowsky Fraser Special Equity Fund 1.53 Government of Canada, 3.50%,

December 1, 2045 1.53

Royal Bank of Canada 1.34

Scotiabank 1.26

Jarislowsky Fraser Special Bond Fund 1.16 Province of Ontario, 2.85%, June 2, 2023 1.03

Microsoft Corporation 0.98

Fiserv 0.95

Total Number of Holdings: 184 To provide investors with an opportunity to achieve a

high rate of return by investing in a diversified portfolio consisting of a balance of equity and fixed-income securities of issuers located throughout the world. Portfolio Manager

Multimanager

Composition of the indices

FTSE TMX Canada 91-day Treasury Bills 6%

FTSE TMX Canada Bond Universe 40%

S&P/TSX 22%

S&P 500 16%

MSCI EAFE Net (CAD) 16%

32.6% Canadian Bonds 23.1% American Equities 20.5% International Equities 19.8% Canadian Equities

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Fund Manager Jarislowsky Fraser

Underlying Fund Jarislowsky Fraser Canadian Equity Fund

Asset Category Canadian Equity

Underlying Fund Inception Date April 1, 1997

DFS GIF – CANADIAN EqUITY – jARISLOwSkY FRASER

Canadian Equity

Founded in 1955, Jarislowsky Fraser is a registered investment counselling firm managing assets of $36.3 billion as at December 31, 2014, on behalf of retirement plans and foundations. Based in Montreal, the firm distinguishes itself through its emphasis on fundamental investment research, which concentrates on identifying companies with sustainable earnings growth, strong management and a sound balance sheet.

Highlights:

• Conservative investment philosophy

• Diversified, high-quality portfolios designed to preserve the real purchasing power of its clients’ funds with minimal risk and achieve long-term growth

• Low risk approach toward the management of both equities and fixed-income investments

MER 2.87% 2.36%

Additional Fees –

Helios2 – 75/100 i 0.85% 0.85%

Additional Fees –

Helios2 – 75/100 GLWB N/A N/A

Series 6A

(no load) S236A M236A N/A

Series 6B

(low-load sales charges) S236B M236B N/A

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Underlying Fund

1.55% 14.36% 10.46% 7.58% N/A

at June 30, 2015

Description %

Toronto-Dominion Bank 7.94

Jarislowsky Fraser Special Equity Fund 7.63

Royal Bank of Canada 6.70

Scotiabank 6.26

Suncor Energy 4.26

Canadian National Railway Company 4.21

Enbridge 4.10

Manulife Financial Corporation 4.10

Metro 3.80

Canadian Natural Resources 3.70

Total Number of Holdings: 37 To achieve long-term capital appreciation while

continuing to emphasize the preservation of capital by investing primarily in Canadian equity securites in areas in the Canadian economy where superior rates of growth are expected.

Portfolio Manager Multimanager Benchmark Index S&P/TSX

underlying fund as at June 30, 2015 Canadian Equities

32.61% Financials 24.07% Energy 10.84% Industrials 10.64% Consumer Staples

9.71% Consumer Discretionary 5.47% Information Technology 3.84% Materials

1.69% Utilities

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Investment Solutions

Our five Investment Solutions have a new underlying fund and new allocation percentages in the Fixed Income Securities portion.

INvESTMENT SOLUTIONS

DFS GIF –

Conservative DFS GIF – Moderate DFS GIF – Balanced DFS GIF – Growth

DFS GIF – Maximum Growth

Fixed-income 80.0% 65.0% 50.0% 35.0% 20.0%

DGIA Canadian Bond Fund 56.0% 45.5% 35.0% 24.5% 14.0%

Desjardins Enhanced Bond Fund 24.0% 19.5% 15.0% 10.5% 6.0%

Equity 20.0 % 35.0% 50.0% 65.0% 80.0%

Canadian Equity 8.0% 14.0% 20.0% 26.0% 32.0%

Franklin Bissett Canadian Equity Fund 2.7% 4.7% 6.7% 8.7% 10.7%

BlackRock®_{Active Canadian Equity DC Fund} _2.7% _4.7% _6.7% _8.7% _10.7%

Fidelity True North®_Fund _2.7% _4.7% _6.7% _8.7% _10.7%

American Equity 6.0% 10.5% 15.0% 19.5% 24.0%

BlackRock®_{CDN U.S. Equity Index Fund} _6.0% _10.5% _15.0% _19.5% _24.0%

International Equity 6.0% 10.5% 15.0% 19.5% 24.0%

Desjardins Overseas Equity Value Fund 3.0% 5.3% 7.5% 9.8% 12.0%

Desjardins Overseas Equity Growth Fund 3.0% 5.3% 7.5% 9.8% 12.0%

® Fidelity True North is a registered trademark of FMR Corp. ® BlackRock is a registered trademark of BlackRock, Inc.

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Fund Manager Desjardins Funds

Underlying fund for the following Funds: DFS GIF – Conservative

DFS GIF – Moderate DFS GIF – Balanced DFS GIF – Growth

DFS GIF – Maximum Growth

Asset Category Canadian Fixed Income

Fund Inception Date January 12, 2004

DESjARDINS ENhANCED BOND FUND

Fixed-income

With Desjardins Funds, Desjardins puts its expertise in investment fund design to work for its members and clients, offering a family of investment products and solutions that investors can use to build a well diversified portfolio. With in-force business of more than $22 billion as at December 31, 2014, Desjardins is one of the top investment fund providers in Quebec. Desjardins Funds are divided into six categories and provide access to the expertise of national and international partners whose excellent results and management philosophy make them among the best in their field.

Fonds sous-jacent

1 year 3 years 5 years 10 years Since inception

5.22% 4.06% 5.68% N/A 5.93%

Returns are net of the fund’s management fees.

Top Holdings of underlying fund as at June 30, 2015

Description %

June 1, 2025 7.10

Province of British Columbia, 2.70%,

December 18, 2022 2.60

March 1, 2020 2.50

Objective and strategy of the Fund

The Fund seeks to provide a higher regular income and security of capital using a portfolio consisting primarily of various debt securities issued by governments and societies of Canada. It will also invests in non-Canadian issuers of high yield corporate, securities of emerging market debt and foreign securities.

Portfolio Manager Alliance Bernstein Benchmark Index

FTSE TMX Canada Bond Universe Fund Asset Allocation of

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Choosing Desjardins...

is choosing Desjardins Group, the largest cooperative financial group in Canada whose financial stability is recognized by the following credit ratings which are comparable, if not superior to those of the five largest Canadian banks and insurance companies:

• Standard and Poor’s A+ • Moody’s Aa2

• Dominion Bond Rating Service AA • Fitch

AA-The Contract and Information Folder contains important information on the Desjardins Financial Security Guaranteed Investment Funds Plan – Helios2 and the DFS Guaranteed Investment Funds. Please note that our defined terms can be found in the Contract and Information Folder. Please read it carefully before investing.

Helios2 is a trademark owned by Desjardins Financial Security Life Assurance Company. DFS Guaranteed Investment Funds is a registered trademark owned by Desjardins Financial Security Life Assurance Company. DFS Guaranteed Investment Funds are established by Desjardins Financial Security Life

Helios2 Contract. Changes to the Fund selection FOR REPRESENTATIVES USE ONLY OCTOBER What s new! As of October 19, 2015.

FOR REPRESENTATIVES’ USE ONLY

OCTOBER 2015