Canadian Residents

Abria’s open-ended products are offered to sophisticated investors, accredited investors and eligible investors. These products, such as the Abria Diversified Arbitrage Trust or the Abria XL Trust, will rely on certain exemptions from the registration and prospectus requirements of the securities laws in the various provinces and territories of Canada in offering their Units. Currently, the minimum investment permitted is CAD 150,000 (or the US dollar equivalent thereof for those classes of Units denominated in United States dollars).

The Manager in its discretion may, for certain classes of Units, accept a minimum initial investment of CAD 25,000 (or the US dollar equivalent thereof for those classes of Units denominated in United States dollars) from:

(A) an “accredited investor” (view definition) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories and Nunavut;

(B) an investor in British Columbia, Nova Scotia, New Brunswick or Newfoundland and Labrador who:

(i) purchases as principal,
(ii) has received the Offering Memorandum, and
(iii) completes Form 45-106F4 “Risk Acknowledgement” under National Instrument 45-106;

(C) investors permitted to invest in the Trust pursuant to a discretionary exemption order from the relevant securities commission or pursuant to another available prospectus exemption.