The ABC Funds offer pooled funds and Managed Accounts to accommodate our client’s investment needs. Pooled Funds ($25,000 Minimum Initial Investment): ABC Fully-Managed Fund ABC Fundamental-Value Fund ABC American-Value Fund We research, analyze and invest in publicly-traded companies which we believe offer good fundamentals, positive growth and free cash flow with potential value catalysts. More importantly, our investment philosophy also incorporates our Ten Commandments of Value Investing which we consider in our selection process. These commandments highlight such factors as quality of management, consistent earnings, undervalued assets or brands and dutiful corporate governance. The types of accounts that are available to open are Cash, TFSA, RSP, LIRA, RIF and LIF. Managed Accounts: I.A. Michael Investment Counsel Ltd. now offers our ABC Funds through Managed Accounts in addition to our Offering Memorandum. A Know Your Client form (KYC) will first be assessed at time of entry to see whether the ABC Funds are an appropriate fit for the client. Also, an Investment Policy Statement (IPS) will be confirmed which will reflect our portfolio and investment objectives. We will review with the client his/her risk tolerance, liquidity, unique circumstances, tax situation and any other relevant information. The client can choose to receive emailed investment commentaries. This communication will keep the client informed of our investment team’s present economic outlook and investment strategy. All client assets are held in their own name at RBC Investor & Treasury Services. A yearly account assessment will be completed with the Portfolio Manager and the client through either a personal conference call or a direct meeting.