NBI Short Term Canadian Income Fund and NBI Short Term Canadian Income Private Portfolio closing to new subscriptions
The last day a redemption request can be placed is March 19
Units delisted from TSX
The popular Manulife Monthly High Income Fund, along with two related funds, will re-open to new investors in January
The decision to terminate an investment fund can have a significant impact on investors
Counsel announces fund closures, other changes
The fund will no longer receive additional investments, including purchases via regular investment savings plans
Investment options for clients include transferring to Series A of the same mutual fund or MDPIM pool
The fund will pay a final quarterly distribution of 20ยข per unit
Closed-end fund will terminate on July 31