81-101F1 - Contents of Simplified Prospectus [F Amendment Advance Notice - Lapsed]

Concurrently Published:

• BCN 2007/43 - Advance Notice of National Instrument 41-101 General Prospectus Requirements, Related Instruments and Consequential Amendments [BCN - Lapsed]

1.             This Instrument amends Form 81-101F1 Contents of Simplified Prospectus.

2.             Item 6 of Part A is amended

(a)           by adding the following subsection (5) after subsection (4):

“(5)          Under the sub-heading “Short-term Trading”

(a)           describe the adverse effects, if any, that short-term trades in securities of the mutual fund by an investor may have on other investors in the mutual fund;

(b)           describe the restrictions, if any, that may be imposed by the mutual fund to deter short-term trades, including the circumstances, if any, under which such restrictions may not apply;

(c)           where the mutual fund does not impose restrictions on short-term trades, state the specific basis for the view of the manager that it is appropriate for the mutual fund not to do so; and

(d)           if applicable, state that the annual information form includes a description of all arrangements, whether formal or informal, with any person or company, to permit short-term trades of securities of the mutual fund.”; and

(b)           by adding the following Instruction at the end of Item 6:

“INSTRUCTION:

In the disclosure required by subsection (5), include a brief description of the short-term trading activities in the mutual fund that are considered by the manager to be inappropriate or excessive. Where the manager imposes a short-term trading fee, include a cross-reference to the disclosure provided under Item 8 of Part A of this Form.”.

3.             Item 8 of Part A is amended by adding the following line item in the table after“Redemption Fees” under the heading “Fees and Expenses Payable Directly by You”:

4.             This Instrument comes into force on March 17, 2008.