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
Dec 15	C	Strong	Down	Up	Flat	5.26%
Dec 14	C	Strong	Down	Up	Flat	5.36%
Dec 13	C	Weak or Absent	Down	Up	Flat	5.52%
Dec 12	C	Weak or Absent	Down	Up	Flat	5.84%
Dec 9	C	Weak or Absent	Down	Up	Flat	5.81%
Dec 7	C	Weak or Absent	Down	Up	Flat	5.62%
Dec 6	C	Weak or Absent	Down	Up	Flat	5.69%
Dec 5	C	Weak or Absent	Down	Up	Flat	5.85%
Dec 2	C	Weak or Absent	Down	Up	Flat	5.96%
Dec 1	C	Weak or Absent	Down	Up	Up	5.78%