Restructuring:

Effective September 4, 2018, the fund was restructured. Under the Arrangement, Unitholders of the Fund will become shareholders of NewCo. A transfer of Units of the Fund to NewCo for NewCo Class A MV Shares and/or NewCo Class B SV Shares will be a disposition for Canadian income tax purposes, which may result in a capital gain or loss to Unitholders who hold their Class A Units and Class F Units outside of registered plans. Such Unitholders may be entitled to obtain a full or partial tax deferral subject to making a joint tax election with NewCo. Unitholders who redeem their Class A Units and/or Class F Units prior to the Arrangement will realize a capital gain or loss for Canadian income tax purposes. Unitholders are encouraged to seek counsel from their investment and tax advisors with respect to the Arrangement.