Closed-end fund targets distributions of 6% per year
Canoe Financial LP has filed the final prospectus for its initial public offering of the Canoe ‘GO CANADA’ Income Fund. The initial closing date will be on January 18.The fund’s investment objectives are to provide investors with a monthly cash distribution; and maximize unitholders’ risk-adjusted total returns.The monthly cash distributions are initially targeted to be […]
Class A units now trading on the Toronto Stock Exchange
Distributions targetted at 6% per year
The exchanges ratios for the exchange offer by O’Leary Canadian Income Opportunities Fund 2 were announced Friday by O’Leary Funds Management LP.Montreal-based O’Leary Funds is the fund’s manager.The closing of the initial public offering of units of the fund is scheduled to occur on December 17.A table that sets out the exchange eligible issuers, securities, […]
Fund provides exposure to portfolio of U.S. energy infrastructure master limited partnerships
Fund aims to yield 6.5%
Maximum offering of $250 million of units
Fund targets distributions of 6% per year
Harvest Sustainable Income Fund has filed a preliminary prospectus with Canadian securities regulators for an offering of units.The fund, managed by Toronto-based Harvest Portfolios Group Inc., proposes to issue trust units at $12 per unit. The fund aims to provide unitholders with monthly distributions initially targeted to be 6.5¢ per unit, or 78¢ per year, […]