Securities Law & Instruments

Headnote

Clause 213(3)(b) of the Loan and Trust Corporations Act -- application by manager for approval to act as trustee of pooled funds and future pooled funds to be established and managed by the applicant and offered pursuant to a prospectus exemption(s).

Statutes Cited

Loan and Trust Corporations Act, R.S.O. 1990, c. L.25, as am., s. 213(3)(b).

April 21, 2015

Borden Ladner Gervais LLP
Scotia Plaza, 40 King Street West
Toronto, Ontario M5H 3Y4

Attention: Prema K. R. Thiele, Partner and Matthew P. Williams, Partner

Dear Sirs/Mesdames:

Re: East West Investment Management Corporation (the "Applicant")

Application under paragraph 213(3)(b) of the Loan and Trust Corporations Act (Ontario) for approval to act as trustee

Application #2015/0089

Further to your application dated February 18, 2015 (the "Application") filed on behalf of the Applicant, and based on the facts set out in the Application and the representation by the Applicant that the assets of SW8 Strategy Trust and any future mutual fund trusts that the Applicant may establish and manage from time to time, the securities of which will be offered pursuant to prospectus exemptions, will be held in the custody of an entity that meets the requirements of Section 6.2 of National Instrument 81-102 Investment Funds ("NI 81-102") for assets held in Canada and Section 6.3 of NI 81-102 for assets held outside of Canada, the Ontario Securities Commission (the "Commission") makes the following order:

Pursuant to the authority conferred on the Commission in paragraph 213(3)(b) of the Loan and Trust Corporations Act (Ontario), the Commission approves the proposal that the Applicant act as trustee of SW8 Strategy Trust and any future mutual fund trusts, which may be established and managed by the Applicant from time to time, the securities of which will be offered pursuant to prospectus exemptions.

Yours truly,

Christopher Portner
James D. Carnwath, QC
Commissioner
Commissioner
Ontario Securities Commission
Ontario Securities Commission