AccesDirect provides the AccesDirect Web site (including all pages and content under domain name accesdirect.com, collectively named the "AccesDirect Site") subject to your compliance with the terms and conditions below.

PLEASE READ THIS BEFORE ACCESSING THE ACCESDIRECT SITE. BY ACCESSING THE ACCESDIRECT SITE, YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS BELOW. IF YOU DO NOT WISH TO BE BOUND BY THESE TERMS AND CONDITIONS, YOU MAY NOT ACCESS OR USE THE ACCESDIRECT SITE.

1. DISCLAIMER
   
   

   Mutual funds are sold by registered financial representatives. Each fund has a simplified prospectus that contains important information on the fund. You can obtain a copy of the prospectus from a financial representative or insurance representative. Please read it carefully and consult your financial advisor before investing. Past performance does not guarantee future returns. The indicated rates of return in this communication are historical annual compound total returns. They include changes in net asset value and reinvestment of all distributions, but do not take into account any sales, redemption, or other charges payable by a unit holder, which would reduce returns. Investment returns will fluctuate.
   
   This communication does not constitute an offer or solicitation in any jurisdiction in which such an offer or solicitation is not authorized. This communication is intended for Canadian residents only.
   
   The information in this communication is subject to change without notice and AccesDirect and its representatives and/or third parties providing this information will not be held liable for any inaccuracies in the information provided.
   
   

2. Rules:
   
   While visiting the AccesDirect Site, you may not:
   • post, transmit or otherwise distribute information constituting or encouraging conduct that would constitute a criminal offense or give rise to civil liability, or otherwise use the AccesDirect Site in a manner which is contrary to law or would serve to restrict or inhibit any other user from using or enjoying the AccesDirect Site or the Internet;
   • post or transmit any information or software which contains a virus, cancelbot, trojan horse, worm or other harmful or disruptive component;
   • upload, post, publish, transmit, reproduce, or distribute in any way, information, software or other material obtained through the AccesDirect Site which is protected by copyright, or other intellectual property right, or derivative works with respect thereto, without obtaining permission of the copyright owner or rightholder.
   
   
3. Monitoring:
   
   

   AccesDirect has no obligation to monitor the AccesDirect Site. However, you agree that AccesDirect has the right to monitor the AccesDirect Site electronically from time to time and to disclose any information as necessary to satisfy any law, regulation or other governmental request, to operate the AccesDirect Site properly, or to protect itself or its users. AccesDirect reserves the right to refuse to post or to remove any information or materials, in whole or in part, that, in its sole discretion, are unacceptable, undesirable, or in violation of this Agreement.
   
   

4. Privacy:
   
   

   AccesDirect cannot insure or guarantee privacy for its users. It is therefore recommended that this service not be used for the transmission of confidential information. Any such use shall be at the sole risk of the user, and AccesDirect and its affiliate and related companies shall be relieved of all liability in connection therewith.
   
   

5. Limitation of Liability:
   
   

   AccesDirect takes no responsibility for the accuracy or validity of any claims or statements contained in the documents and related graphics on the AccesDirect Site. Further, AccesDirect makes no representations about the suitability of any of the information contained in the documents and related graphics on the AccesDirect Site for any purpose. All such documents and related graphics are provided without warranty of any kind. In no event shall AccesDirect be liable for any damages whatsoever, including special, indirect or consequential damages, arising out of or in connection with the use or performance of information available from the service.
   
   

6. Recourse:
   
   

   If you are dissatisfied with the AccesDirect Site or with any terms, conditions, rules, policies, guidelines, or practices of AccesDirect in operating the AccesDirect Site, your sole and exclusive remedy is to discontinue using the AccesDirect Site.
   
   

7. Confidential Information:
   
   

   You authorize AccesDirect to collect from any party and to retain all relevant information relating to your use of the AccesDirect Site, and you hereby authorize any party to provide us with such information. You understand and agree that unless you notify AccesDirect to the contrary by e-mailing us, you further authorize AccesDirect to disclose, on a confidential basis, to any party with whom AccesDirect has business relations all relevant information relating to your dealings with us and the AccesDirect Site.
   
   

8. Indemnity:
   
   

   You agree to defend, indemnify and hold AccesDirect and its affiliate and related companies harmless from any and all liabilities, costs and expenses, including reasonable attorneys' fees, related to any violation of this Agreement by you or users of your account, or in connection with the use of the AccesDirect Site or the Internet or the placement or transmission of any message, information, software or other materials on the AccesDirect Site or on the Internet by you or users of your account.
   
   

9. Territory:
   
   

   The AccesDirect Site originates in Canada.
   
   

10. Miscellaneous:
    
    

    This Agreement, including any and all documents referenced herein constitute the entire agreement between AccesDirect and you pertaining to the subject matter hereof. AccesDirect's failure to insist upon or enforce strict performance of any provision of this Agreement shall not be construed as a waiver of any provisions or right. If any of the provisions contained in this Agreement be determined to be void, invalid or otherwise unenforceable by a court of competent jurisdiction, such determination shall not affect the remaining provisions contained herein. This Agreement shall be governed by and construed in accordance with the laws of the province of Quebec and the federal laws of Canada applicable therein. The parties have required that this agreement and all documents relating thereto be drawn up in English. Les parties ont demandé que cette convention ainsi que tous les documents que s'y rattachent soient rédigés en anglais.