Four Target Click Funds - IA Clarington Investments Inc.

Current Guaranteed Values + Premium/Discount

The Target Click Funds can trade at a discount to their guaranteed value. The following table illustrates the level of discount or premium based on each Fund's current market value. The guaranteed value can rise over time.

Fund	Current Price as at 2/3/2012	Guaranteed Value (at maturity)	Price Premium/Discount^†
Target Click 2015, Series A*	$12.47	$12.50	0.22%
Target Click 2020, Series A	$13.19	$13.26	0.52%
Target Click 2025, Series A	$13.01	$13.54	3.95%
Target Click 2030, Series A	$10.79	$10.83	0.36%

^† The discount is the spread between the funds current market price (NAV) and the current guaranteed value at maturity expressed as a percentage. The discount value does not represent an expected compound rate of return.

*Effective November 11th, 2011, the IA Clarington Target Click 2015 Fund (the "Fund") is closed to new purchases, including those made under pre-existing pre-authorized chequing plans ("PAC Plans") or systematic switch plans. In addition, in order to reflect the high allocation to strip bonds, IA Clarington will commence waiving a portion of its management fees on the Fund and will continue to actively manage the MER.