Conversion to Open-End Fund:

Effective December 20, 2012 Canoe 'GO CANADA' Income Fund merged with Canoe 'GO CANADA' Equity Income Class, an open-end fund. Unitholders of Canoe 'GO CANADA' Income Fund received .89 Series A shares in exchange for each unit of the fund held. Unitholders could elect to effect the merger on a tax deferred basis.