Shaunessy Investment Counsel Inc. Merges With Forstrong Global Asset Management Inc.

We are pleased to announce the merger of Shaunessy Investment Counsel (“SIC”) with Forstrong Global Asset Management (“Forstrong”). Forstrong is an independent, privately-owned investment manager based in Kelowna, British Columbia. SIC and Forstrong have identical investment styles (top-down asset allocators) and both have histories that date back to 2001.

The combined companies will operate as Forstrong Global Asset Management and will have offices in Kelowna, Calgary and Toronto.

We are deeply appreciative of the trust that you have placed in Shaunessy Investment Counsel over the years. With our new partners at Forstrong, we look forward to being of continued service in meeting your future investment needs.