Alert outlines what closed-end funds are, and how they differ from traditional mutual funds
Initial distribution target is 6.0% per year
Initial distribution target is 6.5% per year
Two transactions found to be contrary to the best interests of Capital Hill Fund
Initial yield to be 6.5% per year
CSA extends deadline for fund rule comments
Conversion at the end of the month is in response to the federal government’s proposed changes to “character conversion transactions”
Portfolio will be actively managed by Chile-based Moneda International
Brazil-based BTG Pactual will act as the fund’s sub-advisor
Fiera to manage portfolio