Middlefield to end service fees on four closed-end funds
The move will benefit unitholders as the funds will have a lower management expense ratios and more cash available for investments
- By: Beatrice Paez
- May 2, 2017 October 17, 2019
- 11:00
The move will benefit unitholders as the funds will have a lower management expense ratios and more cash available for investments
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Affected unitholders will see a decrease in their annual management fees thanks to their new common-class units
The firm consented to the suspension and is prohibited from providing advice and selling securities to investors
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