SCITI Trust (the Trust) is a Canada-based closed-end investment trust. The Trust's investment portfolio consists of income funds, corporations and other entities (Portfolio Securities). Its portfolio reflects the makeup of approximately 50 members of the Scotia Capital High Yielding Equity Index in order to provide holders (the Unitholders) of units with a diversified and high yielding portfolio. The Trust engages in securities lending through a program administered by State Street Trust Company Canada. The Trust invests in a range of industry sectors, such as utilities and infrastructure, consumer, energy, financial, healthcare, industrials, basic materials, real estate and telecommunications. Scotia Managed Companies Administration Inc. (SMCAI or the Manager) manages the purchase and sale of portfolio securities to meet investment objectives and operating policies of the Trust. SCITI Limited Partnership acts as the trustee of the Trust.