J. Zechner Associates

Special Equity Fund

Fund Investment Objectives

The objective of the Fund is to maximize investment returns by investment in a diversified portfolio of securities. Investments will be mainly in Canadian equity and money market securities. The weighting of the various types of investments in the Fund will be based upon Zechner's investment outlook. Zechner will continually evaluate the economy and financial markets and make adjustments to the Fund's asset mix with a view to maximizing the Fund's investment returns.