North American REIT Income Fund (the Fund) is a closed-end investment trust. The Fund's investment objectives are to provide holders of Units with stable monthly cash distributions and the opportunity for capital appreciation. It will invest in a managed portfolio consisting primarily of listed equity securities issued by real estate investment trusts (REITs) in Canada and other issuers principally engaged in the real estate industry in Canada and the United States. It will not invest more than 10% of the total assets in the securities of any single issuer, other than securities issued or guaranteed by the Government of Canada or a province or territory. The Fund is diversified among types of real estate issuers, including those that operate apartment buildings, shopping centers, office and industrial buildings, self-storage facilities, hotels and nursing/retirement homes, among other property types. The manager and portfolio advisor of the Fund is Fiera Capital Corporation.