U.S. Tactical Allocation Fund Announces Successful Conversion to an Open-Ended Mutual Fund

TORONTO, ONTARIO--(Marketwired - April 22, 2016) - Strathbridge Asset Management Inc. ("Strathbridge"), the manager of the U.S. Tactical Allocation Fund (the "Fund"), is pleased to announce that the Fund has successfully converted to an open-ended mutual fund. The Fund filed and received a receipt for its final simplified prospectus and annual information form on April 20, 2016. Upon conversion to an open-ended mutual fund, the Fund has consolidated its Class A units on a 0.374038 to 1 basis, resulting in an initial Net Asset Value ("NAV") of $10.00 per Class A unit. The Fund also offers Class F units which have an initial NAV of $10.00 per Class F unit.

For further information, please contact your financial advisor, call our investor relations line at 416.681.3966, toll free at 1.800.725.7172 or visit www.strathbridge.com.