Low Volatility U.S. Equity Income Fund announced results for the period from March 13, 2013 to June 30, 2013. Net increase in net assets from operations amounted to $0.7 million or $0.31 per unit. Net assets were $20.3 million or $9.52 per unit, net of distributions to unit holders in the amount of $0.3 million or $0.12 per unit.

The Fund's investment objectives are (i) to maximize risk adjusted returns for unit holders; and (ii) to pay unit holders monthly cash distributions in an amount targeted to be 5.0% per annum on the NAV per unit. Revenues were $0.1 million, net investment loss was $0.1 million.