Trend Table for QSB - Mackenzie CDN Short Term Bond Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	C	Weak or Absent	Down	Flat	Down	5.48%
May 19	D	Weak or Absent	Down	Flat	Flat	5.14%
May 18	D	Weak or Absent	Down	Flat	Down	5.37%
May 17	D	Weak or Absent	Down	Flat	Down	5.26%
May 12	C	Weak or Absent	Down	Up	Flat	4.49%
May 11	C	Weak or Absent	Down	Up	Flat	4.42%
May 8	C	Weak or Absent	Down	Flat	Flat	4.86%
May 4	C	Weak or Absent	Down	Up	Flat	4.28%
May 2	C	Weak or Absent	Down	Up	Flat	4.49%
Apr 27	C	Weak or Absent	Down	Up	Flat	4.60%