ACCESS Newswire
09 Oct 2019, 02:26 GMT+10
VANCOUVER, BC / ACCESSWIRE / October 8, 2019 / Maple Leaf Short Duration 2018-II Flow-Through Limited Partnership - National Class and Quebec Class (the 'Partnership') is pleased to announce that on October 7, 2019, the Partnership completed its rollover transaction whereby the assets of the Partnership were transferred to the Maple Leaf Resource Class (CDO103) mutual fund (the 'Resource Mutual Fund') in exchange for Series A shares of the Resource Mutual Fund.
NATIONAL CLASS (CUISP: 56532Y203) ROLLOVER DETAILS
The final net asset value per National Class Partnership unit was $14.92440. Series A shares of the Resource Mutual Fund were issued at a net asset value of $2.00523 each. Accordingly, each holder of National Class Partnership units received 7.44274 Resource Mutual Fund shares for each National Class Partnership unit held.
QUEBEC CLASS (CUSIP: 56532Y104) ROLLOVER DETAILS
The final net asset value per Quebec Class Partnership unit was $17.68744. Series A Resource Mutual Fund shares were issued at a net asset value of $2.00523 each. Accordingly, each holder of Quebec Class Partnership units received 8.82065 Resource Mutual Funds shares for each Quebec Class Partnership unit held.
Resource Mutual Fund shares will be deposited into investors' brokerage accounts and investors may elect to switch fee free into the Maple Leaf Income Class (CDO102) mutual fund (the 'Income Mutual Fund'). The mandate of the Income Mutual Fund is to achieve capital preservation, lower volatility, long term growth and income.
Investors should note:
Please contact your Investment Advisor for advice and assistance, should you wish to switch to the Income Mutual Fund.
ABOUT MAPLE LEAF
Maple Leaf is a privately held, independent firm whose executive members have participated in the formation of over $500 million of capital based on energy and resource focused alternative investment products for Canadian resident investors.
ADDITIONAL INFORMATION
Additional information about the Mutual Fund is available in the Mutual Fund's simplified prospectus, annual information form, management reports of fund performance and financial statements. You can obtain a copy of these documents at your request and at no cost by calling toll free 1-866-688-5750, or from your financial advisor, or by e-mailing [email protected], or by download at www.MapleLeafFunds.ca. These documents and other information about the Mutual Fund will also be available at SEDAR (the System for Electronic Document Analysis and Retrieval established by the Canadian Securities Administrators) at www.sedar.com.
For Further Information
For further information, please contact Hugh Cartwright, Chairman
MAPLE LEAF FLOW-THROUGH PROGRAMS
Tel: 604.684.5742 | Toll Free: 866.688.5750
Email: [email protected] | Web: www.MapleLeafFunds.ca
This release is provided for information purposes only and shall not constitute an offer to sell or the solicitation of any offer to buy the securities. No securities regulatory authority has expressed an opinion about the merits of the shares of the Resource Mutual Fund and Income Mutual Fund and it is an offense to claim otherwise. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus and consult your financial advisor to determine if these investments are suitable for you. Mutual Funds are not guaranteed, their values change frequently and past performance may not be repeated.
SOURCE: Maple Leaf Funds
Get a daily dose of Vancouver Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Vancouver Star.
More InformationNEW YORK CITY, New York: The Trump administration is pressuring major food companies to remove artificial dyes from their products,...
BERLIN, Germany: German Lawmakers are debating whether to loosen the country's strict borrowing rules to fund military expansion. ...
The Voice of America may not live up to its ambitious name for much longer. Michael Abramowitz, the director of VOA, said in a Facebook...
WASHINGTON, DC - U.S. President Donald Trump has joined Israel's war on Yemen's Houthis, days after the group said it would resume...
LOMPOC, California: NASA launched a new telescope into space this week to study the origins of the universe and search for hidden water...
AUSTIN/SANTA FE: Texas/New Mexico have reported 28 new measles cases in the past five days, bringing the total to 256 since the outbreak...
GOODLETTSVILLE, Tennessee: Dollar General is bracing for a challenging year ahead, forecasting weaker-than-expected sales and profits...
SANTA CLARA, California: Intel's stock soared nearly 15 percent this week following the announcement that former board member Lip-Bu...
DETROIT, Michigan: Volkswagen's decision to scale back production at its Chattanooga, Tennessee plant has sparked backlash from the...
STOCKHOLM, Sweden: Spotify set a new milestone in 2024, paying out US$10 billion in royalties—the highest annual payout to the music...
NEW DELHI, India: Jaguar Land Rover (JLR) has decided against manufacturing electric vehicles at Tata Motors' upcoming $1 billion factory...
LONDON, U.K.: Virgin Group is seeking to raise $900 million to fund its plan to launch cross-channel rail services, positioning itself...