INDEXPLUS 2 is a closed-end investment trust
managed by Middlefield and Guardian Capital Inc., who act as Co-Advisors to the
Trust, responsible for determining the allocation of the Fund's assets to the
actively managed portion of the portfolio as well as asset mix and security
selection within the actively managed portion of the portfolio. The objectives
of INDEXPLUS 2 are to provide unitholders with high levels of monthly
distributions; to outperform the S&P® / TSX Capped Income
Trust Index on a total return basis over the life of the Fund; and to return
the original issue price of the units upon termination on December 31, 2015.
The Fund intends to achieve these objectives by investing at least 50% and up
to 80% of its assets in a portfolio which will track the
S&P® / TSX Capped Income Trust Index. The remainder of the
Funds assets will be actively managed within the income trust sector in order
to enhance returns and mitigate the risks associated with indexing, such as
excessive sectoral or security concentrations. In addition, at least 50% of the
total portfolio will be invested in business trusts.