SMC Man AHL Alpha Fund Filed Final Prospectus

The Fund's investment objective is to provide investors with the opportunity to realize capital appreciation through investment returns that have a low correlation to traditional forms of stock and bond securities. The Fund is intended to provide added diversification and enhance the risk/reward profile of conventional investment portfolios.

To pursue its investment objective, the Fund will obtain exposure to a diversified portfolio of financial instruments across a range of global markets including currencies, bonds, stocks, agriculturals, energy, metals and short-term interest rates using a multi-strategy and predominantly trend-following trading program (the "AHL Alpha Programme"). The AHL Alpha Programme is implemented and managed by AHL, a division of the investment manager, Man Investments Limited.

Brian_McChesney@scotiacapital.com