North American Preferred Share Fund Announces Distribution Months Ending June, July and August 2017, Payable on July 14, August 15, and September 15, 2017 Respectively

North American Preferred Share Fund (the Fund) is a closed-ended investment fund. The Fund's investment objectives are to provide holders of Units (Unitholders) with stable monthly cash distributions and preservation of capital. The Fund invests in a managed portfolio consisting principally of Canadian and the United States preferred shares (the Portfolio). The Fund's investment portfolio includes various sectors, such as consumer staples, energy, consumer discretionary, financial services, real estate, utilities, telecommunication services and others. The Fund may also invest approximately 20% of total assets in North American fixed income securities, including high yield bonds, convertible debentures and equities. The Fund may invest in or use derivative instruments, other than commodity derivatives, for hedging purposes. Fiera Capital Corporation is the manager of the Fund and also acts as portfolio manager to the Fund.