Ms. Melanie Tardif reports

FIERA CAPITAL CORPORATION ANNOUNCES THE COMPLETION OF THE WINDUP OF PROPEL CAPITAL CORPORATION

Fiera Capital Corp. has completed the windup of Propel Capital Corp. into Fiera, which it acquired on Sept. 2, 2014.

As a result, the management agreements between Propel and each of Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund, CHYF Trust, Diversified Convertibles Fund, North American Preferred Share Fund, North American REIT Income Fund, Senior Secured Floating Rate Loan Fund, and SIA Trust and Strategic Income Allocation Fund have been assigned to Fiera.

The management agreements will continue in full force and effect as originally constituted, except that Fiera will assume all of Propel's rights, obligations and duties under each management agreement. However, as previously announced, the accomplished managers, including Raj Lala, Krista Matheson and Keith H. Crone, have joined Fiera's team of experienced investment professionals. These managers will continue to be responsible for the daily activities of the funds and will be responsible for creating additional closed-end funds in the future to provide investors with new and innovative investment opportunities.

We seek Safe Harbor.