FUND DESCRIPTION::
diversiTrust Energy Income Fund is a closed-end trust that will invest in a diversified portfolio of Energy Trusts and securities of other energy related issuers with an initial portfolio comprised primarily of income trusts.

INVESTMENT OBJECTIVES::
(i)Monthly Distributions: pay monthly distributions initially targeted at $0.083 per unit (approx. 10.0% per annum);

(ii)Capital Repayment: to return the original issue price to Unitholders upon termination of the Fund on December 31, 2014; and

(iii)Capital Appreciation: to provide Unitholders with an opportunity for capital appreciation

FUND FEATURES ::
Leverage
- the Fund will utilize a prudent level of leverage in order to enhance the Fund's total return.
Management Fee
- the manager of the Fund will reinvest the management fee in units of the Fund for at least the first three years.
Distribution Reinvestment
- unit holders have the option to reinvest distributions received by the Fund on a monthly basis.
Mandatory Purchase Program
- the fund will purchase units in the market if prices that are less than 95% of the latest NAV per trust unit.
Liquidity
- units of the Fund can be sold on the Toronto Stock Exchange or commencing in January of 2004, redeemed at 100% of NAV per trust unit as of the date of redemption.
Derivatives
- they may enter into derivative contracts form time to time to seek to reduce or mitigate the risks of commodity price fluctuations, interest rate and foreign exchange rate fluctuations.