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Two signed copies of the simple fiduciary agreement (non-negotiable for the purpose of amending the agreement). 1. On 9 May 2005, what is the purpose of the Bare Trustee Fiduciary Agreement The former IDA (now IIROC) and the Canadian Investor Protection Fund (CIPF) entered into an agreement on 9 May 2005 granting all existing custody agreements entered into on behalf of the CIPF as mere agents, iiROC to be administered on a go-forward basis. When managing these custody agreements, IIROC performs due diligence to ensure that the simple trust agreement is in place in the prescribed form and is duly executed by those responsible. Copies of the contracts to be taken into account are available on request. The purpose of this statement is to provide members with guidance regarding certain requirements under Rule 3.3 of the MFDA (Separation of Client Ownership). This Notice applies to the undertaking`s own assets and to all client assets held on nominal names, including those held by a member in his or her capacity as agent for the trustee. In addition, the disclosure applies to all members who hold assets in an account with a member of the Investment Industry Regulatory Organization of Canada (“IIROC”). This statement does not apply to assets held on client names with a fund company or financial institution. Members are expected to verify the sites where they hold assets and proactively endeavour to ensure that applicable companies sign the required conservation agreement with the MFDA or, failing that, to implement a conservation agreement with the entity itself, which will contain the provisions of Rule 3.3.3(b). If a member chooses to rely on the deposit agreement between the fund company or financial institution and the MFDA, the member must ensure that the MFDA has received the following documents for each company with which it has a custody agreement: AIC Limited has assigned the agreement to Elliott & Page Limited.

MFDA rules require members who hold their own securities, securities or other investment products outside of their physical ownership to ensure that assets are held in an “acceptable securities site”. If the requirements are not met, a Member must have sufficient regulatory capital to cover a deduction from its capital equal to the market value of all assets held in an unacceptable location. The MFDA`s General Notes and Form 1 definitions define acceptable securities sites. two conditions must be met to meet this definition: (i) the site itself must be a company listed in the general notes and definitions; and (ii) there must be a written retention agreement with that firm indicating the terms and provisions under which such securities or other investment products are deposited. MUTUAL FUND DEALERS ASSOCIATION OF CANADA/ASSOCIATION CANADIENNE DES COURTIERS MUTUELS, Suite 1000, 121 King Street West, Toronto, Ontario, M5H 3T9, for and on behalf of its members, as an agent, below is an alphabetical list of deposit agreements prescribed as of May 31, 2007. On October 27, 2020, between the Mutual Fund Dealers Association of Canada (MFDA) as a mere agent on behalf of members and companies of investment funds and other financial institutions, pursuant to MFDA Staff Notice MSN-0058, Acceptable Securities Locations. . . .