Announcements

Temporary Fee Reduction - Steadyhand Savings Fund

November 23, 2009

On April 7, 2009, Steadyhand temporarily reduced the fee on its money market fund (Steadyhand Savings Fund) in response to several interest rate cuts by the Bank of Canada. The ‘One Simple Fee’ of the fund, which is a fixed fee that includes the fee for Steadyhand’s services as manager and all of the fund’s operating expenses, was temporarily reduced from 0.65% to 0.30% to help maintain a positive yield for investors. Effective November 23, 2009, Steadyhand will further temporarily reduce the fee to 0.20%. The amount of this waiver is determined by us, in our discretion, and the full fees (0.65%) may be restored by us at any time.