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| The investment
objectives of PATHFINDER Income Fund (the “Fund”) are: (i) to provide
unitholders with a stable stream of monthly distributions targeted to yield 9%
per annum on the original issue price of $10.00 per unit, and (ii) to return
the original issue price of the units to unitholders upon termination of the
Fund. The net proceeds of the initial offering together with draw-downs under
the loan facility have been invested in a broadly diversified portfolio of
business trusts, real estate investment trusts, oil and gas royalty trusts and
power and pipeline trusts. In addition, the Fund can also invest up to 25% of
the portfolio in common stocks to achieve further diversification. |
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