Ms. Krista Matheson of Propel Capital reports

CANADIAN CONVERTIBLES PLUS FUND ANNOUNCES NAV ERROR

Canadian Convertibles Plus Fund's estimated net asset value per unit was misstated from April 30, 2014, to June 30, 2014.

The NAVs were subsequently recalculated and were lower than the reported NAV throughout the period, with the maximum difference being 10.6 cents on a reported NAV of $7.73, for a difference of 1.37 per cent. There were no subscriptions or redemptions at the originally published NAVs.