First Asset Equal Weight Pipes & Power Income Fund
Offering raises $700 million
Files preliminary prospectus for IPO
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
Mackenzie's Sturm to lead management team
2004 issuance sets new record
Closed-end fund to invest in global financial services companies
First Asset Equal Weight Pipes & Power Income Fund has filed the final prospectus for its $150 million offering scheduled to close on February 17.The fund is designed to provide unitholders with high monthly cash distributions and low management fees together with the opportunity for capital appreciation by investing in an equally weighted diversified portfolio […]