2016 Annual Shareholder Meeting

Transcription

1 2016 Annual Shareholder Meeting

2 In the course of today s meeting, officers of the Corporation may make, in their remarks or in response to questions, and the accompanying materials may include, statements containing forward-looking information. Certain statements, other than statements of historical fact, are forward-looking statements based on certain assumptions and reflect the Corporation s current expectations, or with respect to disclosure regarding the Corporation s public subsidiaries, reflect such subsidiaries disclosed current expectations. Forward-looking statements are provided for the purposes of assisting the listener/reader in understanding the Corporation s financial performance, financial position and cash flows as at and for the periods ended on certain dates and to present information about management s current expectations and plans relating to the future and the listener/ reader is cautioned that such statements may not be appropriate for other purposes. These statements may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies and outlook of the Corporation and its subsidiaries, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as expects, anticipates, plans, believes, estimates, seeks, intends, targets, projects, forecasts or negative versions thereof and other similar expressions, or future or conditional verbs such as may, will, should, would and could. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, many of which are beyond the Corporation s and its subsidiaries control, affect the operations, performance and results of the Corporation and its subsidiaries and their businesses, and could cause actual results to differ materially from current expectations of estimated or anticipated events or results. These factors include, but are not limited to: the impact or unanticipated impact of general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, management of market liquidity and funding risks, changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates), the effect of applying future accounting changes, business competition, operational and reputational risks, technological change, changes in government regulation and legislation, changes in tax laws, unexpected judicial or regulatory proceedings, catastrophic events, the Corporation s and its subsidiaries ability to complete strategic transactions, integrate acquisitions and implement other growth strategies, and the Corporation s and its subsidiaries success in anticipating and managing the foregoing factors. The listener/reader is cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including management s perceptions of historical trends, current conditions and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances, including that the list of factors in the previous paragraph, collectively, are not expected to have a material impact on the Corporation and its subsidiaries. While the Corporation considers these assumptions to be reasonable based on information currently available to management, they may prove to be incorrect. Other than as specifically required by applicable Canadian law, the Corporation undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise. Additional information about the risks and uncertainties of the Corporation s business and material factors or assumptions on which information contained in forward-looking statements is based is provided in its disclosure materials, including its most recent Management s Discussion and Analysis and its most recent Annual Information Form, filed with the securities regulatory authorities in Canada and available at Certain financial terms which may be included in statements today or in the accompanying materials, such as operating earnings, are non-ifrs financial measures that do not have a standard meaning and may not be comparable to similar measures used by other entities. Please refer to the Corporation s annual and most recent interim Management s Discussion and Analysis for more information, including how such measures are defined, an explanation of their purpose and a reconciliation of the non-ifrs measures to the corresponding IFRS measures, where comparable IFRS measures exist.

3 2016 ANNUAL SHAREHOLDER MEETING Power Financial Corporation

4 2015 Operating Earnings attributable to common shareholders $2,241 million $3.14 per share 6.5% 6.1%

5 Dividends 2014 $1.40 per share 2015 $1.49 per share 2016 $1.57 per share (annualized)

6 Return on equity operating earnings 14.3%

7 2016 ANNUAL SHAREHOLDER MEETING Industry Environment

8 2016 ANNUAL SHAREHOLDER MEETING Group Strategy

9 CANADA

10 UNITED STATES

11 EUROPE

12 Assets under management $780 billion Assets under administration $1.4 trillion

13 30 million client relationships 14,400 financial advisors 25,700 employees

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16 2016 ANNUAL SHAREHOLDER MEETING Great-West Lifeco

17 2015 Operating Earnings attributable to common shareholders Contribution to $2,762 million Power Financial $1,862 million

18 Paul A. Mahon President and Chief Executive Officer

19 CANADA J. Dave Johnston President and Chief Operating Officer Canada

20 more than 12 million people 1 in 3 Canadians

21 CANADA 125 years 142 years 169 years

22 VISION: to improve the financial, physical and mental well-being of Canadians

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25 Digital Focus

26 CANADA Stefan Kristjanson Executive Vice-President Strategy and Transformation

27 UNITED STATES Robert L. Reynolds President and Chief Executive Officer Great-West Lifeco U.S. Inc.

28 UNITED STATES

29 n Over 8 million people n 2nd-largest retirement services provider

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31 n US$435 billion of clients savings n After first year, $50 billion in new business commitments n Retirement Leader of the Year

32 UNITED STATES

33 Social Media Leader of the Year

34 INDUSTRY RECOGNITION

35 UNITED STATES

36 EUROPE

37 EUROPE Arshil Jamal President and Chief Operating Officer Europe and Reinsurance

38 EUROPE

39 EUROPE

40 400,000+ health insurance customers

41 2016 ANNUAL SHAREHOLDER MEETING IGM Financial

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43 2015 Operating Earnings available to common shareholders Contribution to $796 million Power Financial $474 million

44 Total assets under management $134 billion at December 31, 2015

45 Murray J. Taylor

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47 Jeffrey R. Carney President and Chief Executive Officer IGM Financial President and Chief Executive Officer Investors Group

48 Barry McInerney President and Chief Executive Officer Mackenzie Financial

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51 VISION: to improve clients financial well-being

52 114 region offices 5,320 consultants 1 million clients

53 Mutual fund assets $74.9 billion at December 31, 2015

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56 Investment Division Build-out IVY RESOURCES ALL CAP VALUE ASSET ALLOCATION CUNDILL FIXED INCOME GLOBAL EQUITY & INCOME SYSTEMATIC STRATEGIES GROWTH CANADIAN GROWTH

57 Innovative and high quality products Introducing Mackenzie Private Wealth Pools n 28 new mutual funds launched since 2013 An exclusive selection of products developed to preserve and cultivate wealth. These institutional-style investment pools offer a wide range of investment options that include capital preservation, balance and growth. All designed to give an attractive combination of risk and return. n $1.3 billion in net flows Prefered Pricing Private Wealth Pools Private Wealth Counsel Private Wealth Solutions mackenzieinvestments.com/private-wealth Commissions, trailing commissions, management fees and expenses all may be associated with pool investments. Please read the prospectus before investing. Pools are not guaranteed, their values change frequently and past performance may not be repeated.

58 Introducing Mackenzie Active ETFs MGB MACKENZIE ETFs Mackenzie Core Plus Global Fixed Income ETF MUB MACKENZIE ETFs Mackenzie Unconstrained Bond ETF MKB MACKENZIE ETFs Mackenzie Core Plus Canadian Fixed Income ETF MFT MACKENZIE ETFs Mackenzie Floating Rate Income ETF

59 BRAND LEADERSHIP

60 n No. 1 ranked website n No. 2 share of voice in social media and public relations n No. 2 in brand equity [Advisor Perception Study]

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62 James L. Hunter Former President and Chief Executive Officer Mackenzie Financial

63 2016 ANNUAL SHAREHOLDER MEETING Fintech

64 Fintech Investments

65 Fintech Investments Alan

66 Best Website in Financial Services Industry

67 2016 ANNUAL SHAREHOLDER MEETING Pargesa Group

68 Arnaud Vial Managing Director of Pargesa

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