BCV Client Information Update

BCV Asset Management Inc. typically invests in conservative, large capitalization, blue chip companies that are consistent with our value investment style. These companies are characterized by their strong balance sheet, presence in attractive and growing industries, leadership amongst the companies in their industries, strong national and global business franchises, and above average profitability. At the time of investment, these companies are typically trading at a below-average multiple of earnings and possess an above-average dividend yield. The strength of these companies creates the potential for long-term earnings and dividend growth, which in turn would be expected to drive long-term share price appreciation.