Horizon Funds Inc. - cl. 213(3)(b) of the LTCA
Headnote
Clause 213(3)(b) of the Loan and Trust Corporations Act. - application for approval to act as trustee.
Statutes Cited
Loan and Trust Corporations Act, R.S.O. 1990, c. L.25, as am., clause 213(3)(b).
Rules Cited
Ontario Securities Commission Approval 81-901, Approval of Trustees of Mutual Fund Trusts (1997), 20 OSCB 200.
December 10, 2004
Lang Michener LLP
Attention: Ted Bence
Dear Sirs/Mesdames:
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Re:
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Horizons Funds Inc. (the "Applicant") for approval to act as trustee of Horizons Mondiale Enhanced Fund and Horizons Diversified Fund (collectively, the "Funds")
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Further to the application dated July 27, 2004 (the "Application") filed on behalf of the Applicant and based on the facts set out in the Application, pursuant to the authority conferred on the Ontario Securities Commission (the "Commission") in clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario), the Commission approves the proposal that the Applicant act as trustee of the Funds.
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"Paul Moore"
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"Susan Wolburgh Jenah"
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