The Fund has been created to invest in an actively managed portfolio comprised primarily of dividend-paying securities and income trust units of publicly-traded utilities, industrials, communications, real estate and retail issuers domiciled in Canada. The Fund’s Investment Objectives are:

1. to provide Unitholders with monthly distributions (initially targeted to be $0.07 per Trust Unit ($0.84 per annum) representing an annual cash distribution of 7.0% based on the $12.00 per Unit issue price); and

2. to maximize long-term total return for Unitholders while reducing volatility.

On or about June 20, 2012, the Fund will, subject to receipt of all required regulatory approvals, automatically convert to an open-end mutual fund, on a tax-deferred basis.