How to invest

Exchange traded funds (ETFs)

An investor may buy or sell Units of an ETF on the TSX only through a registered broker or dealer in the province or territory where the investor resides. Investors may incur customary brokerage commissions when buying or selling Units of an ETF.

Distribution Reinvestment Plan

At any time, Unitholders of an ETF may elect to participate in the Manager's distribution reinvestment plan by contacting the CDS Participant through which the Unitholder holds its Units. Under the Reinvestment Plan, cash distributions (net of any required withholding tax) will be used to acquire additional Units of the same class of that ETF in the market and will be credited to the account of the Unitholder through CDS.

Eligible Unitholders may elect to participate in, or withdraw from, the Reinvestment Plan by notifying CDS via the applicable CDS Participant(s) through which such Unitholder holds its Units of the Unitholder's intention to participate, or no longer participate, in the Reinvestment Plan. The CDS Participant must, on behalf of such Unitholder, provide a notice to CDS that the Unitholder wishes, or does not wish, to participate in the Reinvestment Plan by no later than 4:00 p.m. ET at least 2 Business Days immediately prior to the applicable distribution record date in respect of the next expected distribution in which the Unitholder would be entitled to receive a distribution (reinvested or in cash, as the case may be). CDS shall, in turn, notify the Plan Agent no later than 5:00 p.m. ET on the applicable distribution record date that such Unitholder does, or does not, wish to participate in the Reinvestment Plan.

Pre-Authorized Cash Contribution

Plan Participants may also make pre-authorized cash contributions under the Reinvestment Plan by notifying their CDS Participants sufficiently in advance of the last business day of a month, calendar quarter or calendar year to allow such CDS Participant to notify the Plan Agent by 5:00 p.m. ET on the applicable Payment Date. A Plan Participant may invest a minimum of $100 and a maximum of $10,000 per preauthorized cash contribution no more frequently than monthly. It is recommended that the frequency of the payment be consistent with the frequency of the distributions by the applicable ETF.

Distributions due to Plan Participants, along with any pre-authorized cash contributions, will be applied, on behalf of Plan Participants, to purchase Plan Units in the market. Plan Units will be allocated pro rata based on the number of Units held by Plan Participants. Plan Units will be credited for the benefit of Plan Participants to the account of the CDS Participant through whom that Plan Participant holds Units. Plan Units being purchased by pre-authorized cash contributions may only be purchased simultaneously with a distribution by the ETF that is being reinvested on behalf of a Plan Participant.

Systematic Withdrawal Plan

Under the Reinvestment Plan, Unitholders will also be able to elect to systematically withdraw Units by selling a specific dollar amount of Units (in minimum amounts of $100 and maximum amounts of $10,000) owned by such Unitholder in respect of each subsequent Payment Date. A Unitholder may elect to sell Units by notifying the Plan Agent via the applicable CDS Participant through which such Unitholder holds its Units of the Unitholder\’s intention to sell Units.

The CDS Participant must, on behalf of such Unitholder, (i) provide a systematic withdrawal notice directly to the Plan Agent that the Unitholder wishes to sell Units in this manner until the ETF is otherwise notified no later than 5:00 p.m. ET on the applicable Payment Date for which the Unitholder no longer wishes to sell Units or there remain no further Units to be sold on behalf of such Unitholder, whichever comes first and (ii) specify the specified dollar amount of Units to be sold in respect of each subsequent Payment Date.

A Unitholder who makes pre-authorized cash contributions may not deliver a systematic withdrawal notice under the Reinvestment Plan.

Mutual funds

Units of each class of the Funds are offered for sale on a continuous basis and may be purchased through authorized dealers. If your order is received before 4:00 p.m. (Eastern time) on any day on which the Toronto Stock Exchange is open for trading (a “trading day”), your order will be processed at the unit price calculated later that day. Otherwise, your order will be processed at the price calculated on the next trading day. Orders may be processed at an earlier time if the Toronto Stock Exchange closes for trading earlier on a particular day. (Orders received after such earlier closing time would be processed on the next trading day.)

Applications & forms

 Account Application
 T2033
 TFSA

Automatic Reinvestment of Distributions

Unless the Manager elects to pay distributions in cash or unless you have previously elected in writing to receive your distribution in cash, distributions made to you by any Fund will be automatically reinvested to purchase additional units of the respective Fund, without any further charges payable by you. The additional units will be of the same class and sales charge option as the units that you hold on the record date of the distribution (whether or not this class or sales charge option is being offered to new investors under the Funds’ then-current prospectus). No sales charges apply when these additional units are issued to you. In the case of additional units purchased with distributions from units originally offered under the DSC Option or Low Load Option, deferred sales charges will not apply upon the redemption of these additional units.

Eligible Unitholders may elect to participate in, or withdraw from, the Reinvestment Plan by notifying CDS via the applicable CDS Participant(s) through which such Unitholder holds its Units of the Unitholder's intention to participate, or no longer participate, in the Reinvestment Plan. The CDS Participant must, on behalf of such Unitholder, provide a notice to CDS that the Unitholder wishes, or does not wish, to participate in the Reinvestment Plan by no later than 4:00 p.m. ET at least 2 Business Days immediately prior to the applicable distribution record date in respect of the next expected distribution in which the Unitholder would be entitled to receive a distribution (reinvested or in cash, as the case may be). CDS shall, in turn, notify the Plan Agent no later than 5:00 p.m. ET on the applicable distribution record date that such Unitholder does, or does not, wish to participate in the Reinvestment Plan.

Regular Purchase Plan

If you wish to contribute regularly to a Fund, you may make regular purchases of units by pre-authorized debit or you may establish a periodic payment plan with your dealer for the purchase of such units. You may purchase such units through automatic deductions made from your bank account. Units purchased on such a regular basis will be issued at a price per unit equivalent to the net asset value per unit at the time your account is debited, according to the class of units you have chosen to purchase. You may terminate this regular plan without cost by giving the Manager at least 10 business days’ notice prior to the date your account is next to be debited.

Systematic Withdrawal Plan

At the time of subscription, you may elect to redeem units in any Fund on a regular basis, either quarterly or annually. Such written direction may be modified or rescinded through a further written direction from you to the Manager. All such redemptions are made based on the net asset value of the class of units of the applicable Fund at the time of such redemption and are subject to conditions described under “Purchases, Switches, and Redemptions”.

Closed-end funds

An investor may buy or sell Units of an Closed-end fund on the TSX only through a registered broker or dealer in the province or territory where the investor resides. Investors may incur customary brokerage commissions when buying or selling Units of a fund.

Distribution Reinvestment Plan

Triax Diversified High-Yield Trust (TSX: TRH.UN) offers unitholders the opportunity to increase their holdings of units through the convenience provided by its Distribution Reinvestment Plan. All distributions that are reinvested will be used to purchase additional units of the Trust. In order to take advantage of the Plan on the upcoming distribution, unitholders should contact their investment advisor as soon as possible.