INTRODUCING THEBT GLOBAL GROWTH FUND

FEBRUARY 2016

LONG – SHORT EQUITY. VALUE INVESTING - CASH FLOW.

CAPITAL PRESERVATIONRISK (BETA) MANAGEMENT.

GLOBEFUND 5-STAR RATING**as of April 30th, 2014

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3. The BT Global Advantage

4. Fund Summary

5. Management Team

6. A Network of Industry Professionals

7. How we Manage Money

8. Our Stock Selection Process

9. Why Invest in Hedge Funds? What toLook For

10-13. The Funds Results and Analysis

14. Our Best Long and Shorts

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Table of Contents

DISCLAIMER

This document was prepared to provide an overview of BT Global Growth Fund ("BTGG"). The information contained in thispresentation is not to be considered complete without reference to the accompanying verbal briefing and supporting materials.THIS DOES NOT CONSTITUTE AN OFFERING OF SECURITIES. BT Global Growth Fund is a product designed for sophisticatedinvestors defined as "accredited investors" under securities laws. No investor should make a decision to consider the Fundwithout consulting their professional advisers. This information was prepared by BT Global Growth Fund and its GeneralPartner using information, both publicly available and internal, believed to be accurate at the time of publication. No warrantyis provided as to the accuracy of the information contained herein.

15. Our Current Global Investment Themes

16. Analysis of our Benchmark Index = Opportunity

17. How we are “Beta Tempered”

18. Risk Management Policies

19. How to Purchase

20. Fund Summary & Terms

21. Conclusion

22. Contact Information

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The Team:

Experienced, successful international management team with long history of working together. Very rareamong Canadian Hedge Fund managers;

Excellent Canadian Network. Best of Class brokers and advisors.

No Leverage / Unique Value Filters / Superior Stock Picking:

Fund has NEVER been levered. Management can identify value and has invested in 10+ companies thatreturned over 500%;

BT Global meets 200+ companies a year at our offices.

Capacity:

Size matters, smaller is better : we are not asset gathers!

BT Global plans to soft close the fund at $250 million, most competitors have far too much AUM;

Focused on performance and managing volatility.

Communication:

Management speak to investors regularly, which provides greater investor confidence, as well as co-investment opportunities.

The BT Global Advantage: What Makes us Different

BT Global Growth Inc. has the privilege of meeting with 200+ CEO’s on a yearly basis.

Daily phone calls to brokers create a special relationship.

Brokers bring in the opportunities.

We chose 1-2 of the best deals we have been introduced to:

Detailed analysis and due diligence;

Typically large investments;

Bring in other high net-worth individuals, which allows us to generate fees.

Receive a core position upon IPO/RTO

Patient Home Monitoring

Initial investment at $0.135 (2% position in Fund).

Hit $2.01 in April, 2015.

BT Global made 20x our initial investment.

Nanolumens

$400,000 initial investment at $2.50.

IPO $4.00-$5.00 per share.

Getting in early

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Summary: BT Global Growth (BTGG) Fund

BT Global’s main focus is to find North American listed names with global businesses, strongbalance sheets and unique business plans. Consistent growth, with less risk of capital, byinvesting in global growth themes.

A value approach focused on cash flow, seeking superior returns with lower risk (BETA) vs.the benchmark. (S&P/TSX Total Return Composite Index).

9+ years of outperformance; (Top 10-15 percentile in N.A. hedged products) *

65% + positive months since inception. (66/102)

Focused on Canadian listed companies with global businesses;

Unlevered Long/short equity, Macro-Directional, Industry/Sector specialized themes;

Have a disciplined buy/sell process.

Deliver lower volatility with above average returns to beat the market without being fullyinvested. Why buy a long only strategy if you can beat a long only with less marketexposure?

Shorting stocks, currencies and ETFs has work well, but few do it well.

20+ years of working together;

Alignment of interest between investors and management (we are “All In”).

Review Fund size at $250 million to focus on risk-adjusted returns for existing investorsbenefit.

Fund Objective

Investment Style:

Track Record:

Strategy:

Manager Strengths:

Fund Size Limit:

* Source: Morningstar

A Global focus drawing on decades of experience in international business.

Complementary skillset of “Top Down” and “Bottom Up” investing.

Paul and Jacques were founding executives at Telesystem International Wireless (TIW). The company grewfrom $20 M private company to $6 billion enterprise value.

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Portfolio Management Team: A Global Team Picking Global Themes

Paul Beattie, MBA Co-Founded BTGG in 2006.

Founding executive of Telesystem International Wireless (TIW – TSX) in 1992. VicePresident of M&A and Investments with experience in Brazil, India, Central Europe, SouthEast Asia. Substantial investment, business development and stock market expertise.

Founder of Stable Capital. (Private Equity investment bank, 2000-2006)

Vice President, Merrill Lynch Canada, Corporate Finance, 1986-1992.

MBA from INSEAD (Finance); BComm in Finance, Queens University.

25 years’ experience in finance. Worked with Jacques Lacroix for 20+ years.

Jacques Lacroix, CFA

Portfolio Manager

Co-founder, BTGG in 2006.

Co-founder, Managing Partner Echo Capital, private equity firm, since 2007.

Vice President Strategic Planning, Telesystem International Wireless. Extensive equity anddebt market experience ($3 billion of financings), from 1990 to 2005.

BA and Masters in Finance, Université de Sherbrooke, CFA.

23 years experience in finance, 20+ years working with Paul Beattie.

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Network of Industry Professionals

5 Professionals

7 Professionals

Short Sectors

and Stocks Hurt by Themes

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40%

Cash Management 

ThroughCurrencies

20%

40%

Long IPO’sEvent Driven

AndOpportunistic

Strategies

How we Manage Money

PORTFOLIOWEIGHTINGS

Market Cap

Small Cap 25%Large Cap 25%Mid Cap 25-35%Currencies 10-20%

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Our Stock Selection Process

Fund Portfolio20-30 long positions5-15 short positions

1. Identify Growth Global Investment Themes

2. Analyse for Cash flow value = Low P/CF multiple

3. Is the company Globally Competitive?

4. In a Oligopolistic Industry?

5. Are Balance Sheet Risks minimal?

6. What if inflation or competition increases?

Segment byMarket cap

Follow 200 stories

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Why Hedge Funds?

Long-Short provides much greater flexibility. Can outperform the market withoutbeing fully exposed to the market beta.

Managers that have experience and invest ALL their investible assets in theirfund.

Be able to be more reactive with your money. Small and nibble funds are.

All investments have pre-defined and closely monitored exit strategies preparedfor the rougher times in the markets and focus on hedging strategies protectingthe downside in volatile markets.

Do not make the cardinal sin most Canadian investors do; invest their moneywith organizations that have far too much money under management.

Be careful of funds with leverage and “closet indexer’s”.

Managers who are comfortable moving between sectors.

* Source: 7 Essential Questions to ask before choosing your Alternative Asset Fund. July 2013. Canadian Hedgewatch

What to Look For in a Hedge Fund*

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The Financial Crisis - 2008 (1) (2)

Fund performance period

BTGG controlled losses and repositioned quickly to benefit from a sector rotation post financial crisis.

* Total Return** 18/19 positive months

Post Lehman Brothers financial crisis of 2008

BTGG +91.29% **TSX + 9.37%S&P500 + 0.43%

Oct ‘08 through April ’10 *

Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec. YTD

2016 (7.56%) (0.05%) (7.61%)2015 4.90% 3.51% 2.26% 0.80% 2.08% 0.32% (5.32%) (5.07%) (6.25%) 0.87% 1.43% (5.59%) (6.71%)2014 5.41% 4.10% (0.79%) 4.57% (0.91%) 1.89% (1.19%) 1.71% (2.02%) (2.08%) 2.31% 4.15% 18.09%2013 1.29% 2.33% 3.46% (5.25%) 1.06% 2.32% 2.52% (0.53%) 2.29% 6.06% 2.82% 6.47% 27.24%2012 8.93% 3.62% (2.39%) (5.67%) (5.50%) (5.17%) 0.46% 3.11% 3.76% (0.01%) (1.02%) 1.69% 0.74%2011 (1.26%) 4.70% (2.79%) (0.64%) (3.55%) (7.86%) 7.31% (1.97%) (6.79%) (0.33%) (8.08%) 1.12% (19.39%)2010 1.00% 3.90% 3.09% 4.24% (3.31%) (2.30%) (4.01%) (2.01%) 7.51% 4.80% 6.41% 5.09% 26.24%2009 6.16% 1.90% 6.22% 2.59% 9.20% 2.77% 2.44% (0.49%) 5.67% 6.13% 6.98% 1.41% 64.08%2008 (9.29%) 8.95% (7.36%) 3.86% 3.10% 3.98% (14.53%) (7.81%) (10.82%) 2.13% 0.83% 0.39% (25.95%)2007 (3.75%) 9.64% 4.65% 12.80% (3.26%) (4.85%) 1.95% (11.48%) 6.21% 6.50% (14.31%) 2.57% 2.90%

2006 BeganInvesting 5.45% 23.12% 6.49% 38.27%

(1) Results and NAV are calculated monthly by the administrator, Investment Administrations Solutions Inc.(2) Results are for the Fund as a whole, net of fees, not for one particular class of units. NAV is $24.13 for Class A units and $20.58 for the

Class A Advisor units.Since Inception (Annualized) 9.14%

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Culmulative Return (BTGG)

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Performance During Different Market Periods

Alpha vs TSX(relative performance vs TSX)

+12.20% +25.08% +8.12% -5.40% +2.02%

Bull Mkt Bear Mkt Bull Mkt Bull MktCorrection

Up market ratio: 116.5% (3 periods)Down market ratio: 70.3% (3 periods)

Beta (3yr) with:S&P/TSXTR: 0.87S&P500 TR (Cdn$): 0.44

Standard dev.: 12.05 (1yr) / 12.63 (3yr)Sharpe Ratio: 0.45 (3yr) / 0.37 (SI)S&P/TSXTR: 0.14 (3yr) / 0.12 (SI)

+5.53%

Correction

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Up Capture vs Down Capture

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Superior 9 Year Track Record

Getting in Early

BT Global has the privilege to meet with 200+ CEO’s on a yearly basis.

Daily phone calls to brokers create a special relationship.

Brokers bring in the opportunities.

We close 1-2 of the best deals we have been introduced to:

Detailed analysis and due diligence;

Typically large investments;

Bring in other high net-worth individuals, which allows us to generate fees

Receive a core position upon IPO/RTO.

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Best Longs

Best Shorts

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Water, agriculture and food: The impact of climate change. Population growth (251 babiesare born every minute)

Global infrastructure: A Growth industry with interplay on natural resources.

Global emerging middle-class growth: People in Africa, India, Russia and China are buyinggoods today that 10 years ago were unattainable.

Currencies: A race to the bottom? Gold is a currency. Keep in mind that Gold has been acurrency for over 5000 years.

Energy: Represents compelling value, Canada now in an excellent position with LNG.

Forest Products: Industry priced for a modest real estate recovery in North America andChina, which implies good risk-return in late 2014.

Technology: Continuing growth for Smartphone/Tablet is changing the landscape forhardware, software and social media. This should continue to create opportunities on both thelong and short sides.

Global Themes We Are WatchingOur Current Global Investment Themes

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Somewhat inefficient in our opinion.

Index is represented by 35% financials, 25% energy, 20% materials and 20-25% "orphan"stories:

Orphan companies have few comparables and are often mis-priced securities; BT Global’sexpertise!!

Global resource companies come to Canada for financing:

Thus Canadian based funds benefit from international diversification = mispricing;

For example, the Latin American oil industry was financed in Canada, gold and base metalcompanies are following suit;

New areas of sector growth include Healthcare, Pharma, On-line gaming.

Smaller/Niche resource players are often valued at a discount to intrinsic values.

Long/Short investment funds focused on Canadian names are less prevalent than in the US =better return opportunities in Canada = less competition = much better chance of makingmoney.

Global Themes We Are WatchingAnalysis of our Benchmark - S&P / TSX Composite = Opportunity for BT

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How we are “Beta Tempered”

Highly liquid investments, can go to 90% cash in days.

Judicious use of hard "stops" to limit losses.

Management time is used to evaluate short opportunities, as well as hedging strategies.

Limit individual company exposure (5% investment grows to 8-10% maximum), net 20%maximum per industry sector.

Manage currency exposure, while Canada offers stability, foreign currency trading providesexcellent hedges. No Futures/No Leverage. Just using Cash (Cash position and shorts) andmoving from spot price to spot price. Easy, simple, low risk and highly profitable.

End result is a managed volatility with a significantly better risk/return profile than the marketand most competition.

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Normally we will not average down, often investors' biggest mistake.

Typically the Fund has a minimum 15 long positions, 2-6% initial positions per name.

Typically the Fund has a minimum 5-10 short positions of the same magnitude.

Once a short position is established, we do not intend to add to it if we lose money; and reviewwithin 3 months to either close it or double it. Stop loss is 20%.

Losses on a short position are reviewed at 5% increments and closed out in the event of a 20%loss.

We will focus on "averaging up" successful positions.

Will hold many core positions for several years.

Will trade around core positions and earn interest income to offset management fees and otheroperating costs.

Manage cash positions by trading between the Yen, US $, Euro, Canadian $ and Gold Bullion.

Risk Management Policies

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FundSERV BTA 103 - A Class2% and 20% performance fee

1% trailer to advisor

FundSERV BTA 104 - F Class1% and 20% performance fee

Monthly liquidity*Lock-up 90 day period

* For certain discretionary portfolio managers using F-Class

How to Purchase the BT Global Growth Fund

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Fund Summary and Terms

Structure: Limited Partnership registered in Ontario, Canada.

Minimum Investment: $25,000 Canadian. Accredited Investors only.

Inception date: October 2006.

Management Fees: A Class 2.0%F Class 1.0%

GP Profit Sharing: 20% of profits over and above a hurdle rate of 5.0%, paid quarterly.

Hurdle Rate: 5.0% per annum.

High Water Mark: Yes.

Leverage: NONE (NO BORROWED MONEY)

Investment date: Last business day of each month at NAV.

Lock-up Period: 90 days from purchase date.

Withdrawal Date: Last business day of each quarter, upon 30 days notice.

Portfolio Manager: BT Global Growth Inc.

Administrator: IAS (Investment Administration Solution Inc.) of Toronto and Vancouver.

Prime Broker: Scotia Capital

Auditor: BDO Canada LLP.

Legal Advisors: McCarthy Tétrault and Borden Ladner Gervais

Insurance Company: AXA Canada Inc.

FundSERV Codes: Series A, BTA103 / Series F, BTA104

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Conclusion

1. Focus on “orphan” TSX listed stocks:

Overlooked names and value style (cash flow + margin of safety = compelling entry prices).

2. Excellent 9 year track record with 65%+ positive months since inception.

3. Global Expertise:

Experienced, successful international management team with long history working together

20+ CEO’s of Canadian companies as fund investors.

4. Montreal based:

Our base allows for investment thinking far from ‘Bay Street’ competitors;

BT Global meets 200+ companies a year at our Montreal offices.

5. “Beta Tempered” portfolio discipline with attentive risk management through a focus on capitalpreservation and lower volatility.

6. Benchmark = Opportunity. The Canadian index will remain inefficient and volatile for theforeseeable future. We capitalize on this and compliment your TSX 60 stocks.

7. Size matters, smaller is better than larger competitors to seize investment opportunities

8. “All In” = Alignment of interest. Management has the most personal net worth to lose in theevent of poor performance.

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HEAD OFFICE :

BT GLOBAL GROWTH FUND L.P.1001 de Maisonneuve Blvd. WestSuite 205Montreal, Quebec H3A 3C8CANADA

Tel: 514-907-8070Fax: 514-907-1444Email: support@btglobal.ca

PAUL D. BEATTIE, BComm, MBAPartnerTel: 514-907-8070Mobile: 514-944-9556Email: pbeattie@btglobal.ca

STEVEN CHAMANDYDirector of SalesTel: 514-907-5131Mobile: 514-513-9703Email: schamandy@btglobal.ca

JOANNE PLOUFFEAdministrative AssistantTel : 514-907-8071Email: jplouffe@btglobal.ca

Toronto Office :

BT Global Growth Inc. C/O MACNICOL & ASSOCIATES 145 Adelaide Street WestSuite 300Toronto, Ontario M5H 4E5CANADA

Tel: 416-367-3040

Cayman Office :

BT Global (Cayman) Ltd C/O Jonathan RoneySenior ManagerOgier Fiduciary Services (Cayman) Limited89 Nexus Way, Camana BayGrand Cayman KY1-9007Cayman Islands

Tel: 1 (345) 949-9876Fax: 1 (345) 945-6265

Contact Information

www.btglobal.ca

JACQUES LACROIX, CFAPartnerTel : 514-907-3013Email: jlacroix@btglobal.ca

STUART DUNNChief Compliance OfficerTel : 514-907-2472Email: sdunn@btglobal.ca

5-Star Rating

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5-Star Rating