ANALYST REPORTS

M | Partners (Adam Seanor)

May 9, 2012
Q1 Continues Multi-year Trend Of Solid Sustainable Growth »

March 23, 2012
Strong Q4 Caps Solid Year; Business Firing On All Cylinders »

February 27, 2012
Initiating Coverage - Buy »

Industrial Alliance Securities Inc. (Fred Westra)

May 11, 2012
Another Record Quarter of Pre-Tax Earnings »

April 12, 2012
Dividend Increases on Strong Fundamentals! »

March 26, 2012
11th Consecutive Record Quarter (Pre-Tax) »

March 12, 2012
Spread Compression Risk Hedged for 3-Years »

March 1, 2012
Q4/11 Preview - Anticipate a Record Quarter »

November 10, 2011
Q3/11 is 10th Consecutive Record Pre-tax Earnings »

October 31, 2011
A Look at P/B Reconstructed under a Corporate Model »

October 24, 2011
Q3/11 Preview - Resilient Business Model »

October 5, 2011
An Excellent Defensive Play » 

September 9, 2011
Dividend Increases on Strong Fundamentals! » 

August 24, 2011
16% Discount Unjustified »

August 16, 2011
CFN Drives a 9th Consecutive Record Quarter » 

July 13, 2011
Q2/11 Preview - Another Strong Quarter Expected » 

May 24, 2011
IAS Defensive Select » 

May 24, 2011
IAS Defensive Select 5 »

March 9, 2011
Ho Hum, Just A 7th Consecutive Record Quarter! Rolling out 2012 Estimates »

January 18, 2011
Acquisition Target- Big Upside »

GMP Securities L.P. (Stephen Boland)

May 9, 2012
Q1/12 results - One of Our Top Picks »

March 22, 2012
Q4/11 results - A Record Year »

November 9, 2011
Q3/11 results - Another Record Quarter »

August 4, 2011
Q2/11 results - Another Record Quarter »

June 30, 2011
Wins Major Servicing Contract »

June 15, 2011
Q1/11 results - on track for a strong year »

March 8, 2011
Q4/10 results - in line with estimates »

January 12, 2011
CFN to Evaluate Strategic Alternatives »

Stonecap Securities Inc. (Dylan Steuart)

December 22, 2011
Best of the Buys - 2012 »

December 9, 2011
Special Distribution Announcement Indicates Strong End of Fiscal Year »

November 10, 2011
Q3/2011: Loan Growth Remains On Pace »

September 9, 2011
Proposal To Convert To Corporation Approved By Board; Increase To Dividend Announced; Increasing Target »

August 4, 2011
Q2/211: CFN Continues to Hit Checkpoints with Impressive Quarter »

July 4, 2011
'Sticker Price' Of Fund Looks Attractive Currently »

June 30, 2011
Major Servicing Contract Win Supports Strategic Goals »

June 16, 2011
Q1/2011: All Systems Go After Strong Quarter; Increasing Target »

May 26, 2011
End Of Strategic Review Allows Fund to Concentrate On Operations »

May 5, 2011
Initiating Coverage - Accelerating Towards Greater Share Of Used Auto Market »