The Trust has been created to invest in an actively managed portfolio comprised primarily of investment grade preferred shares and to a lesser extent investment grade corporate debt and convertible bonds in order to provide Unitholders with the opportunity for growth of their investment value through any capital appreciation of the Portfolio and quarterly distributions.

The Portfolio is actively managed by Catapult Financial Management Inc., a subsidiary of Aston Hill Financial Inc. Mr. Ben Cheng will be the lead portfolio manager responsible for the Portfolio. First Asset Investment Management Inc. will act as the manager of the Trust.

The Trust's investment objectives are:

1. to provide Unitholders with quarterly distributions, estimated to initially be $0.175 per Unit ($0.70 per annum representing an annual yield of 7.0% based on the original issue price of a Unit of $10.00); and
2. to provide Unitholders with the opportunity for capital appreciation from the performance of the Portfolio.

At closing, the Manager issued a note to the Trust in an amount equal to the fees and expenses associated with the offering. The Note is used to reimburse the Trust for the expenses of the offering and will be repaid over approximately eight years with interest.