| INITIAL PUBLIC OFFERING |  |
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EXCHANGE OFFER |
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| The issue price of $10.00 per unit (minimum subscription $2,000) may be paid either by i) cash or ii) the exchange of units of the following issuers deposited prior to 4:00 p.m. (Toronto time) on March 26, 2003. The closing of the offering is expected to occur in April 2003. | |||||
| BUSINESS TRUSTS | OIL AND GAS ROYALTY TRUSTS | |||
| Advanced Fibre Technologies (AFT) Income Fund Associated Brands Income Fund Atlas Cold Storage Income Trust BFI Canada Income Fund Chemtrade Logistics Income Fund Clearwater Seafoods Income Fund The Consumers’ Waterheater Income Fund Davis + Henderson Income Fund Halterm Income Fund Heating Oil Partners Income Fund KCP Income Fund Livingston International Income Fund Menu Foods Income Fund Noranda Income Fund Sun Gro Horticulture Income Fund Superior Propane Income Fund Versacold Income Fund Westshore Terminals Income Fund |
Advantage Energy Trust ARC Energy Trust Canadian Oil Sands Trust Enerplus Resources Fund Focus Energy Trust Freehold Royalty Trust NAL Oil & Gas Trust Pengrowth Energy Trust PrimeWest Energy Trust Provident Energy Trust Shiningbank Energy Income Fund Ultima Energy Trust Viking Energy Royalty Trust REITS Canadian Hotel Properties Real Estate Investment Trust Cominar Real Estate Investment Trust Canadian Real Estate Investment Trust |
H&R
Real Estate Investment Trust IPC US Income Commercial Real Estate Investment Trust Morguard Real Estate Investment Trust Residential Equities Real Estate Investment Trust Retirement Residences Real Estate Investment Trust RioCan Real Estate Investment Trust Summit Real Estate Investment Trust TGS North American Real Estate Investment Trust POWER & PIPELINE TRUSTS Great Lakes Hydro Income Fund Pembina Pipeline Income Fund TransCanada Power, L.P. |
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MAXIN Income Fund is a closed-end investment trust that is offering its units pursuant to an initial public offering at an issue price of $10.00 per unit. The objectives of MAXIN Income Fund are to provide unitholders with a stable stream of monthly distributions targeted to be 10% per annum on the original issue price and to return the original issue price upon termination of the trust. Investors in MAXIN Income Fund have the option of paying for units by exchanging units of the issuers indicated above, subject to the terms and conditions set forth in the prospectus. Units of the above-noted issuers are exchangeable pursuant to the exchange ratios based on the weighted average trading prices on the Toronto Stock Exchange of such units during the three consecutive trading days ending on March 26, 2003. |
Units of MAXIN Income Fund will be RRSP, RRIF, DPSP and RESP eligible. The syndicate of agents for the offering is being co-led by CIBC World Markets Inc. and RBC Capital Markets and includes TD Securities Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., Canaccord Capital Corporation, Desjardins Securities Inc., HSBC Securities (Canada) Inc., Dundee Securities Corporation, First Associates Investments Inc., Middlefield Securities Limited, Raymond James Ltd., and Wellington West Capital Inc. For further information please contact your financial advisor. |
A preliminary prospectus relating to these securities has been filed with securities commissions or similar authorities in all of the provinces of Canada and the Yukon Territory but has not yet become final for the purpose of a distribution to the public. This advertisement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities in any province of Canada or the Yukon Territory prior to the time a receipt for the final prospectus or other authorization is obtained from the securities commission or similar authority in such province or territory.
