NAV & Portfolio as of June 22, 2017


Security Number of Shares Closing Price per Share($) Amount ($) Weighting (%)
AltaGas Ltd. 76,361 29.59 2,259,522 4.80
BCE Inc. 86,111 58.91 5,072,799 10.78
Canadian Utilities Limited (A) 12,343 41.18 508,285 1.08
Canadian Utilities Limited (B) 57,709 41.30 2,383,382 5.07
Capital Power 127,369 24.51 3,121,814 6.64
Emera Inc. 76,729 48.64 3,732,099 7.93
Enbridge Inc. 60,036 51.61 3,098,458 6.59
Fortis Inc. 80,848 46.34 3,746,496 7.96
Gibson Energy Inc. 109,347 17.15 1,875,301 3.99
Inter Pipeline Fund 118,842 24.64 2,928,267 6.23
Keyera Corp. 92,559 40.33 3,732,904 7.94
Northland Power Inc. 147,014 22.86 3,360,740 7.14
Pembina Pipelines Corporation 86,881 42.31 3,675,935 7.81
Rogers Communications Inc. Cl. B 57,190 62.23 3,558,934 7.57
TELUS Corporation 78,371 44.68 3,501,616 7.44
TransAlta Corporation 197,603 7.98 1,576,872 3.35
TransCanada Corporation 57,857 62.09 3,592,341 7.64
Veresen Inc. 207,331 18.19 3,771,351 8.02
Other Net Assets     -8,459,812 -17.99
Total     47,037,304 100.00

Units Outstanding 1,688,898
NAV per unit $27.85