Conversion to Open-End Fund Details:

Effective August 13, 2010, O’Leary Global Income Opportunities Fund merged with open-end fund O’Leary Global Yield Opportunities Fund. O’Leary Global Income Opportunities Fund holders received in exchange, 1.196585 series “X” units of the O’Leary Global Yield Opportunities Fund for each unit of O’Leary Global Income Opportunities Fund previously held. The conversion to an open-end fund was not a taxable event.