Income Financial is an Investment Trust Fund that invests in a diversified portfolio consisting of common shares included in the S&P/TSX Capped Financials Index, the S&P Financials Index or the S&P MidCap Financials Index.

Shares of Income Financial Trust trade on the Toronto Stock Exchange under the symbol INC.UN.

To generate additional returns above the dividend and interest income earned on the Portfolio, Income Financial writes covered calls on all or part of the securities held in the Portfolio.

1. Tax effective monthly distributions currently targeted to be 10% annualized, based on the volume weighted average market price of the units for the last 3 trading days of the preceding month.

2. Capital preservation - upon termination on January 1, 2024 (subject to further five year extensions), return the net asset value per unit to holders with the objective of returning the original issue price.

3. Capital appreciation potential.

• High monthly income*

• Attractive alternative to preferred shares, bonds and other income vehicles

• Diversified quality portfolio backed by solid investments in North American Financial Services companies

• Active management and proven strategy and track record by Quadravest Capital Management

• 100% of the net proceeds invested in active portfolio

• Capital preservation and appreciation potential

• Yield enhancement and risk reduction through covered call writing

• Company benefits from the increased volatility in the marketplace

• Liquidity through TSX listing (INC.UN)
  
  *For the purposes of the Income Tax Act (Canada) and any similar provincial legislation, the Company designates any and all dividends paid on the Units as “eligible dividends” unless the Company indicates otherwise.

Holdings Sorted by weight as at July 30, 2021:

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Goldman Sachs Group Inc
TMX Group Ltd
Guardian Capital Group Ltd
Janus Henderson Group PLC
Intact Financial Corp
Morgan Stanley
Huntington Bancshares Inc
Sun Life Financial Inc
Regions Financial Corp
State Street Corp

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September 15, 2021    
   
NAV Pre-Distribution:    $7.80
   
Distribution:    $0.00
   
NAV Net of Distribution:    $7.80
   
NAV + Total Distributions Paid to Date:    $43.01