Specialty High Yield Bond Fund

Investment Objectives: To provide a high level of current income while maintaining security of capital.

Inception Date: December 1991

Investment Style: The Fund uses a “bottom up” securities selection process concentrating first on individual company fundamentals before industry considerations and economic trends.

Portfolio Advisor: Aviva Capital Management Group Inc.

Advisor Inception Date: June 2005

About the Advisor: Josh Rank, CFA, is a Director, Portfolio Manager of High Yield at
Aviva Capital Management. He joined the Aviva organization in 2005. Josh spent 5 years as a high yield credit research analyst with a
global financial services organization.

fund details as at 04/30/2008
Total Assets Management Fee MER Distribution Frequency
$208.5 million 1.60% 2.06% Monthly

portfolio performance
  3 Mo. 6 Mo. YTD 1 Yr. 3 Yr. 5 Yr. 10 Yr. Since
Inception
Specialty High Yield Bond Fund 1.55%-1.85%0.13%-1.94%5.52%8.92%6.12%7.06%
Quartile Rank* 4 4 4 3 2 1 1 -
*data source: Morningstar. Quartile Rank as at 03/31/2008

fund codes
Front End Back End Volume Sales Low Load F-Series I-Series
NWT102 NWT203 NWT303 NWT802 NWT503 NWT703

Summary of Investment Portfolio December 31, 2007.
Management Report on Fund Performance as at September 30, 2007.
Proxy Voting Record: To view the proxy voting record for the fund, please click this link and then select the fund from the drop down menu.