13D Filing: Counsel Portfolio Services Inc. and United States Diesel-Heating Oil Fund LP (UHN)

Item 4.

Purpose of Transaction

The Reporting Person acquired the shares of the Issuer reported herein solely for investment management purposes.  The Reporting Person may make additional purchases of shares in the open market, depending on the Reporting Person’s business, investment strategies, the market for the shares, general economic conditions, stock market conditions and other future developments.

The following describes plans or proposals that the Reporting Person may have with respect to the matters set forth in Item 4(a)-(j) of Schedule 13D:

(a)

The Reporting Person may acquire or dispose of shares of the Issuer’s stock depending upon prevailing market conditions and its investment objectives;

(b)

None;

(c)

None;

(d)

None;

(e)

None;

(f)

None;

(g)

None;

(h)

None;

(i)

None; and

(j)

None.

Item 5.

Interest in Securities of the Issuer

The following information with respect to the ownership of the Common Shares of Stock of the Issuer by the Reporting Person filing this statement on Schedule 13D is provided as of the date of this filing:

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Other than as described in this Schedule 13D, to the best of the Reporting Person’s knowledge, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) between the entity and any other person with respect to any securities of the Issuer.