RBC Investments Focus List Trust, 2001 Portfolio has changed its name to RBC Investments Focus List Trust and amended its trust agreement to delete the requirement that the fund have a fixed term and a limited offering period.

First Defined Portfolio Management Co., the manager of the fund, also announced that a preliminary prospectus has been filed in respect of a continuous offering of units of the fund.

New purchases and sales of units are expected to begin following receipt of all necessary regulatory approvals.

In connection with the changes described above, the fund will no longer charge a redemption fee upon the redemption of Series A units, including in respect of units held by existing unitholders.

A press release issued by the fund on Dec. 21, 2006 indicated there would be a limit on new purchases of units, once the fund reaches $400 million in net assets. As disclosed in the preliminary prospectus, a cap of approximately $400 million is still contemplated, however, no new purchases will be permitted once the cap is reached unless they are made through a reinvestment of distributions. The fund may be re-opened to new purchases at a future date should FDPM determine, in its sole discretion, that the addition of further assets would not adversely impact the performance of the fund.

As of March 8, the fund had total assets of approximately $315 million. The fund holds a non-discretionary portfolio of approximately 20 Canadian stock positions.