Income Financial Trust (the Trust) is an investment trust. The Trust’s goal is to provide monthly distributions at an annual rate of 8.5% (based each month’s preceding month end net asset value of Income Financial) while returning the original issue price of units to Unitholders upon the termination on January 1, 2014. The portfolio is actively managed and is invested in North American financial services companies. The manager of Income Financial is Quadravest Inc. (the Manager) and the investment manager is Quadravest Capital Management Inc. (Quadravest).