US Buyback Leaders Fund announces a share repurchase program. Under the program, the company will repurchase up to 515,288 Class A Units, representing 10% of the public float of the securities issued and outstanding. Repurchases will be made on Toronto Stock Exchange and other Canadian market places, including alternative trading systems. All the Class A Units purchased will be cancelled.

The purpose of the bid is to provide the Fund with a mechanism to decrease the potential spread between the net asset value per unit and the market price of the Class A Units and to provide enhanced liquidity for the Class A Units. Purchases will be made in accordance with applicable regulations, and will be effected through the facilities of TSX and/or other Canadian marketplaces, including alternative trading systems. The fund will not purchase in any given 30 day period, in the aggregate more than 103,077, being 2% of the issued and outstanding Class A Units as at April 28, 2015. The program will commence on May 04, 2015 and will expire on May 03, 2016 or on such date as the Fund completes its purchase under the normal course issuer bid or on such date as the Fund may otherwise determine.

As of April 29, 2015, the company had 5,153,882 Class A Units issued and outstanding.