REDEMPTION CONDITIONS

Emigration from Canada


In order for the Fund to redeem your shares under the "Emigration from Canada" criterion, you must fulfill the following requirements and provide the required proof.

Requirements
You, your spouse and your dependent children1 must have already permanently emigrated from Canada;
AND
you must have permanently left your residence and job.

Proof required
The Fund’s "Emigration from Canada" form, duly completed and signed, including the section "Shareholder’s Solemn Declaration" to the effect that the family has permanently emigrated from Canada;
AND
proof of employment in the host country, a work permit or proof of citizenship;
AND
proof of residency in the host country.

Eligible shares
All shares held for at least two years.

Payment terms and conditions
The eligible shares will be redeemed in a lump-sum payment,

which may be issued by cheque, direct deposit or transferred to another financial institution using form T2033, available at all financial institutions.

If less than 20 shares remain in your account, they will be automatically redeemed.

Subsequent acquisition of shares
Once payment has been issued, you will not be able to purchase additional Fund shares unless all the shares were acquired before September, 2003, in which case you will be able to do so five years after returning to Québec.


1 "Dependent child" as defined by Québec Taxation Act.

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Call us at 1 800 567-FONDS (3663)

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