About Qwest Investment Management Corp.

MISSION STATEMENT

Qwest Investment Management Corp.'s ("Qwest") mission is to be recognized as a leader in those sectors of the global capital markets in which it participates. Qwest will achieve this goal by attracting the right people, by expanding its business where it has expertise, by delivering quality investment products, by providing effective portfolio management and by delivering competitive performance results against its peers.

CORPORATE PROFILE

Qwest is an investment management firm which specializes in identifying emerging trend opportunities, managing merchant banking transactions, structuring investment products and providing portfolio management services in those sectors of the capital markets in which it has experience and expertise.

Qwest's management team brings a wealth of experience in corporate and financial product structuring, merchant banking and investment fund management. Qwest's executive and portfolio management teams possess the skills and experience necessary to evaluate and manage the risk and rewards inherent in those sectors of the global markets in which we participate.

Qwest is the parent company of Qwest Investment Fund Management Ltd., a company which provides portfolio advisor services for its various investment funds; and Heritage Bancorp Ltd., a company which provides administrative services for the Qwest group of companies.

INVESTMENT PRODUCTS

Flow-Through Funds

Qwest is an industry leader in the structuring, marketing and management of tax-effective flow-through products. Qwest launched its first structured flow-through offering in 2000, and has since successfully completed twenty flow-through offerings. Qwest's natural resources sector portfolio management team is strategically located in Calgary and is focused on investing in flow-through shares issued by Canadian oil and gas companies, as well as mining companies.

Private Oil & Gas Funds

In January 2012, Qwest launched its Qwest 2012 Private Oil & Gas Income LP offering. This fund is available to Canadian resident accredited investors only. For those investors who qualify, the Qwest 2012 Private Oil & Gas Income LP offering can be purchased through your Investment Advisor.

Click here to view information on the Qwest 2012 Private Oil & Gas Income LP

In February 2012, Qwest launched its Qwest 2012 Canadian Private Oil & Gas LP offering. This fund is available to non-Canadian resident accredited investors only. For those investors who qualify,, the Qwest 2012 Canadian Private Oil & Gas LP offering can be purchased through your Investment Advisor.

Click here to view information on the Qwest 2012 Canadian Private Oil & Gas LP

In order to achieve the Private Oil & Gas Funds' investment objective, the portfolio manager will make equity investments in the oil and gas companies that conduct business in Canada or certain other attractive international jurisdictions. Investments will be made primarily by participating in start-up company treasury financings and investing in undervalued private securities in the secondary markets. Qwest's portfolio manager may also invest in early stage public securities with substantial growth potential.

Click here to meet the Private Oil & Gas Funds’ Portfolio Management Team

Qwest Funds Corp. Mutual Fund Corporate Classes

In the spring of 2006, Qwest Funds Corp. launched its Series A shares of Qwest Energy Canadian Resource Class and in June 2011 launched its Series F shares. In late 2010, Qwest Funds Corp. launched its Series A and Series F shares of Qwest Inflation-Deflation Trend Allocation Class (see below for more information on each mutual fund).

About the Qwest Energy Canadian Resource Class ("CRC")

The fundamental investment objective of the CRC Class is to provide long-term capital appreciation by investing primarily in equity securities of Canadian companies involved in the energy and natural resources sector.

About the Qwest Inflation-Deflation Trend Allocation Class ("QIDTA")

The fundamental investment objective of the QIDTA Class is to provide long-term capital appreciation by investing primarily in investments that provides exposure to a diversified portfolio of equity and fixed income securities of companies, governments and other issuers located around the world.

In 2009, Qwest developed and launched its Qwest Inflation-Deflation Trend Model (the "Trend Model"), a proprietary quantitative investment model used to identify asset inflation and deflation trend changes. Trend signals from the Trend Model are used to allocate the QIDTA Class portfolio into specific asset classes that traditionally respond positively during an inflation trend, a deflation trend or a neutral trend. Utilizing signals from the Trend Model, generally the portfolio will be allocated into asset classes as follows:

During asset inflation trends, mainly invest in inflation protected fixed-income securities or ETFs holding inflation protected fixed income securities, equity securities of companies engaged in resource extraction activities, equity securities of issuers located in emerging markets and securities of ETFs that provide the portfolio with exposure to these types of securities, and derivatives or other investments that provide the portfolio with exposure to gold in a manner permitted by applicable securities laws;

During a neutral trend, mainly invest in equity securities and securities of equity-related ETFs listed on a stock exchange in Canada or the United States that provide the portfolio exposure to equities; and

during asset deflation trends, mainly invest in fixed income securities issued by the United States Treasury, and securities of ETFs listed on a stock exchange in Canada or the United States that provide the portfolio with exposure to fixed income securities issued by the United States Treasury.