Canadian Mining Diversified Asset Strategy Fund (The "Fund") is offering Units at a price of $10.00 per Unit. Each Unit consists of a Trust Unit and a Warrant. Each Warrant entitles the holder to purchase a Trust Unit at a subscription of (i) $10.00 on May 15, 2009 (ii) $11.00 on May 17, 2010 and (iii) $12.00 on May 16, 2011.

The Fund has been created to provide investors with exposure to an actively managed portfolio of publicly traded equity and convertible debt securities of Canadian mining issuers. The investment objective of the Fund is to provide investors with opportunity for long-term capital appreciation.

The Exchange Ratio will be the volume weighted average trading price for the respective Exchange Eligible Issuers on the TSX or TSX Venture during the ten consecutive trading days ending on December 15, 2008 as adjusted to reflect distributions declared that will not be received by the Fund, divided by $10.00. The Exchange Option will be open for acceptance until 5:00 PM (Toronto time) on December 15, 2008. The Offering is expected to close on December 31, 2008.

To learn more about the Canadian Mining Diversified Asset Strategy Fund please contact your Investment Advisor or visit www.folioasset.com.