Closed end fund aims for 6.5% annual cash distribution
Fund will provide investors with exposure to capital securities issued by HSBC Holdings plc
$115.2 million raised in closed-end fund offering
Global Income Opportunities Fund to merge with Global Yield Opportunities Fund
Closed-end fund targets 6% annual yield
Merger will provide investors with enhanced liquidity and pricing
Units now trading on Toronto Stock Exchange
Catapult’s Chang to be lead portfolio manager
Units now trading on TSX
Catapult’s Chen to be lead portfolio manager