PATHFINDER Convertible Debenture Fund

TSX-Listed Funds

Pathfinder Convertible Debenture Fund

Advisors

Middlefield Capital Corporation ("MCC") is the advisor for the Trust's portfolio. MCC and its affiliates provide a variety of financial services including investment management, corporate finance, merchant banking, mergers and acquisitions, advisory and security placement services. MCC has developed a special expertise in the natural resource, real estate and small capitalization corporate sectors.

		Dean C. Orrico Managing Director and Chief Investment Officer of Middlefield Capital Corporation. Prior to joining Middlefield in 1996, he was an account manager with The Toronto-Dominion Bank responsible for the borrowing activities of a portfolio of commercial accounts.

		Robert F. Lauzon is Managing Director of Trading at Middlefield Group. Prior to joining Middlefield in 2002, he worked as an Investment Executive with ScotiaMcLeod. He is an MBA graduate of the Rotman School of Management at the University of Toronto. Mr. Lauzon also holds the Chartered Financial Analyst designation.