The subaccount pursues its
objective of growth and income by targeting a wide range
of utilities, including
natural gas, electric, and communication services
companies.
The investment
objective of Horizons HEE is to provide Unitholders with: (a) exposure to the performance
of an equal weighted portfolio
of Canadian
companies that are involved in the crude oil and
natural gas industry; and (b) monthly distributions
of dividend and call option income.