Side by Side Fund Comparsion

OUR FUNDS: SIDE BY SIDE FUND COMPARISON

Fund Fully-Managed Fund Fundamental-Value Fund American-Value Fund North American Equity Fund Global Equity Fund
Category Canadian Balanced Canadian Equity American Equity North American Equity Global Equity
Fund Status OPEN OPEN OPEN CLOSED
(Units can be acquired or redeemed via our Closed End Network)
CLOSED
(Units can be acquired or redeemed via our Closed End Network)

FEES
Load, Switch, Trailer

none none none none none
Management Fees and Fund Expenses 2% annual, calculated and paid monthly at the end of each month 2% annual, calculated and paid monthly at the end of each month 2% annual, calculated and paid monthly at the end of each month 1% annual, calculated and paid monthly at the end of each month
Performance fee:
20% of annual total returns in excess of 10%
1% annual, calculated and paid monthly at the end of each month
Performance fee:
20% of annual total returns in excess of 10%
Registered Account Eligibility

Eligible for all registered accounts

Deadline for receipt of purchase request documents and payments Two trading days prior to valuation day
Redemption Restrictions None None None Options* for sale/redemption of units:
Option 1. Listing units for sale on the Closed End Network (subject to availability of interested buyers)
Option 2. Request redemption of 10% of original units held
Option 3. Request redemption of units acquired through previously reinvested distributions* This is just a basic summary of options, you should consult the Offering Memorandum for complete information.
Redemption Deadline Written instruction must be received by our office no less than ten trading days prior to valuation day Written instruction must be received by our office no less than ten trading days prior to valuation day Written instruction must be received by our office no less than ten trading days prior to valuation day Option 1: Written instruction must be received by our office no less than ten trading days prior to valuation day (subject to availability of interested buyers)

Option 2: Written instruction must be received by November 30 of the year for which they want the option executed. This option must be executed every year in which you would like to participate.

Option 3: Written instruction must be received no less than 30 days before the valuation day for which you would like the transaction performed.

Valuation Day

The last day of a calendar month on which the Toronto Stock Exchange is open for trading.

Transactions Processed

The last day of a calendar month on which the Toronto Stock Exchange is open for trading.

Statements & Confirmations

Quarterly Statements, Monthly Confirmations

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