Fund capped at $75 million
MATRIX Income Fund has completed its initial public offering for gross proceeds of $290 million.The fund has been designed to provide investors with exposure to a broadly diversified portfolio of income trusts, with a bias towards small-capiincome trusts, defined as income trust issuers with a market capitalization equal to or less than $400 million.The initial […]
Fund to invest in corporate bonds, preferred shares
New fund offers protection as interest rates rise
More choice for income-oriented investors
Fund promises 8% return
Fourth fund in O’Shaughnessy series
Introduces two new fund classes
Fund combines equities with income products
CC&L’s Jang to manage new fund