Prospectus

Are you interested in understanding your rights as an investor and making informed decisions regarding your investments? Our simplified prospectus contains important high-level information on mutual funds, as well as detailed information on each of our National Bank Securities Mutual Funds.

The simplified prospectus is divided into three parts:

• the first part gives you general information on mutual funds and strategies that can help you meet your investment needs;
• part 2 covers fees and expenses, income tax considerations and other related financial information for all funds listed in the simplified prospectus;
• the final part contains fact sheets, including explanations and tables for each fund.

05-28-2012:	Simplified Prospectus (144 pages)	Annual Information Form (64 pages)
08-28-2012:	Amendment No1 to the Simplified Prospectus (3 pages)	Amendment No1 to the Annual Information Form (7 pages)
11-20-2012:	Amendment No2 to the Simplified Prospectus (7 pages)	Amendment No2 to the Annual Information Form (7 pages)
03-11-2013:	Amendment No3 to the Simplified Prospectus (3 pages)	Amendment No3 to the Annual Information Form (5 pages)
10-12-2012:	Simplified Prospectus (for new Westwood Funds and Altamira Preferred Equity Fund) (24 pages)	Annual Information Form (for new Westwood Funds and Altamira Preferred Equity Fund) (30 pages)
02-25-2013:	Amendment No1 to the Simplified Prospectus dated October 12, 2012 (2 pages)	Amendment No1 to the Annual Information Form dated October 12, 2012 (4 pages)