Investment Manager

Connor, Clark & Lunn Capital Markets Inc. (the "Manager") will act as Manager of the Fund and of Portfolio Trust. The Manager is a leading provider of investment products that has raised since 2004. The Manager is part of the Connor, Clark & Lunn Financial Group, which has of assets under management through its affiliated investment managers on behalf of institutional, private and retail clients.

Connor, Clark & Lunn Investment Management Ltd. (the "Portfolio Manager") will act as Portfolio Manager to the Fund and Portfolio Trust. The Portfolio Manager, part of the Connor, Clark & Lunn Financial Group, was established in March 1982 and has offices in Vancouver and Toronto. The Portfolio Manager manages assets worth of which is in fixed income securities.