Eligibility for Investment

The Trust Units will be a qualified investment under the Tax Act for a trust governed by a registered retirement savings plan, a registered retirement income fund, a registered education savings plan, or a tax-free savings account (each, a “Deferred Plan”) provided that the Trust meets certain requirements as outlined in Item 6 – Income Tax Consequences and Deferred Plan Eligibility. Notwithstanding the foregoing, if the Trust Units are found to be “prohibited investments”, some holders will be subject to a penalty tax as set out in the Tax Act. If the Trust ceases to qualify as a mutual fund trust, the Trust Units will cease to be qualified investments for Deferred Plans which would have adverse tax consequences to Deferred Plans and their annuitants or beneficiaries. See “Item 6 – Income Tax Considerations and Item 8 – Risk Factors.” of the Offering Memorandum

Investment Not Liquid

The Trust Units offered hereunder will be subject to indefinite resale restrictions and a number of redemption restrictions. Until the indefinite restriction on trading expires, if ever, a Trust Unitholder will not be able to trade the Trust Units, unless it complies with very limited exemptions from the prospectus and registration requirements under applicable securities legislation. As the Trust has no intention of becoming a reporting issuer in any jurisdiction in Canada, these trading restrictions will not expire. Consequently, Trust Unitholders may not be able to liquidate their Trust Units in a timely manner, if at all, or pledge their Trust Units as collateral for loans. Further, the Declaration of Trust contains certain redemption restrictions. Subject to certain restrictions, a Trust Unitholder may redeem the Trust Units for the Redemption Price. See “Item 10 – Resale Restrictions and Redemption Rights” of the Offering Memorandum

Forward Looking Statements

Certain information regarding the Investment set forth in this Website, including ’the Fund’s future plans and business, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. The use of any of the words “anticipate”, “believe”, “continue”, “estimate”, “expect”, “intend”, “plan”, “potential”, “predict”, “project”, “seek” or other similar words, or statements that certain events or conditions “may”, “might”, “could”, “should” or “will” occur are intended to identify forward looking statements. Such statements represent AdminCo’s internal projections, estimates or beliefs concerning, among other things, future growth, results of operations, business opportunities, future expenditures, plans for and results of business prospects and opportunities. These statements are only predictions and actual events or results may differ materially. Although that the expectations reflected in the forward-looking statements are reasonable, future results, levels of activity, performance or achievement cannot be guaranteed since such expectations are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Fund’s actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Fund.