EFTA01592627.pdf

Another year-end manual adjustment pending for a cross class A transfer in HCC. Thanks. From: John Lee Sent: Tuesday, April 30, 2013 5:22 PM To: 'Donohue, Barbara' Subject: RE: Financial There's isn't really an elegant way to process cross class, uncrystallized transfers. Because it is uncrystallized, we are forced to transfer him out at gross value so that his at-risk-capital is the same but since we're moving him to a class with a different NAV, we're forced to show his net balances the same as everyone else in the fund. Always have been a problem of sorts. So right now is a possible rebate on fees of 15,149.79 if we end the year up. I can't really subscribe him this amount now since we don't know what will happen at year-end or when he redeems. From: Donohue, Barbara [mailto Sent: Tuesday, April 30, 2013 5:11 PM To: John Lee Subject: RE: Financial John: I can see why he is confused since you use the NNAV and show a Net Investment amount. Why do we show it this way? EFTA01592627 Barbara From: John Lee [mailto Sent: Tuesday, April 30, 2013 4:57 PM To: Donohue, Barbara Subject: Financial John Lee Harmonic Fund Services Canada Inc. EFTA01592628 This e-mail message is intended only for the named recipient(s) above. It may contain confidential information. If you are not the intended recipient you are hereby notified that any dissemination, distribution or copying of this e-mail and any attachment(s) is strictly prohibited. If you have received this e-mail in error, please immediately notify the sender by replying to this e-mail and delete the message and any attachment(s) from your system. Thank you This e-mail message is intended only for the named recipient(s) above. It may contain confidential information. If you are not the intended recipient you are hereby notified that any dissemination, distribution or copying of this e-mail and any attachment(s) is strictly prohibited. If you have received this e-mail in error, please immediately notify the sender by replying to this e-mail and delete the message and any attachment(s) from your system. Thank you. EFTA01592629