Thomas A. Pippy

Cyclical Split NT Corp. (TSE: CYC) is a Toronto-based closed-end fund

Diversified Private Equity Corp. is a mutual fund company provides shareholders with tax efficient exposure to the total return of an initially equally-weighted portfolio of securities consisting of ten firms specializing in private equity investments that are publicly traded in North America and ten firms specializing in private equity investments that are publicly traded in Europe. Scotia Capital Inc. is the administrator of the Company. The company was founded on November 11, 2006 and is headquartered in Toronto, Canada

Star Hedge Managers Corp. is a closed-end investment fund. Its investment objective is to provide long-term capital growth by investing in a portfolio consisting of private investment funds or portfolios. BMO Nesbitt Burns, Inc. is the administrator of the fund. The company was founded on July 2, 2008 and is headquartered in Toronto, Canada.

Star Portfolio Corp. operates a series of mutual funds. It provides investors with tax-efficient distributions, and the opportunity for capital appreciation, through investment in, or exposure to, diversified private investment funds or portfolios of income-generating securities. Star Portfolio was founded on August 31, 2010 and is headquartered in Toronto, Canada.

Star Hedge Managers Corp. II is a closed-end investment fund. The company's investment objective is to provide long-term capital growth by investing in a portfolio consisting of private investment funds managed by three of Canada's portfolio Managers, Rohit Sehgal of GCIC Ltd., Eric Sprott of Sprott Asset Management LP and Frank Mersch of Front Street Investment Management, Inc. It invests in Series FC units of the Dynamic Power Hedge Fund, Class I units of the Sprott Hedge Fund L.P. II and Series F units of the Front Street Canadian Hedge. The company was founded on February 25, 2011 and is headquartered in Toronto, Canada.

Top 20 Dividend Trust is a closed-end investment trust. It provides stable monthly distributions and the opportunity for capital appreciation. The company Its investment objectives are to provide holders of units with stable monthly distributions and the opportunity for capital appreciation. The company is managed by Scotia Managed Cos Administration Inc. Top 20 Dividend Trust was founded on April 27, 2012 and is headquartered in Toronto, Canada.

Top 20 U.S. Dividend Trust is a closed-end investment fund. It provides investors with investment exposure to an equally-weighted portfolio. The company was founded on September 12, 2012 and is headquartered in Toronto, Canada.