To INDEXPLUS Income Fund Unitholders:

INDEXPLUS Income Funds Distribution Reinvestment Plan (the "Plan") provides eligible unitholders with a convenient and economical way to maximize their investment in INDEXPLUS. The Plan provides participants an opportunity to reinvest distributions into trust units and make optional trust unit purchases at a discount to the prevailing market price whenever the market price exceeds the net asset value.

If you are an eligible unitholder and you wish to participate in INDEXPLUS's distribution Reinvestment Plan, simply fill out the enrolment forms provided on our website. If you require more information about the Plan, please contact our Plan Agent.

Sincerely,

W. Garth Jestley
President and Chief Executive Officer