Mavrix Explore 2009-I FT Limited Partnership raised total gross proceeds of $6.55 million.Mavrix Fund Management Inc. announced the final closing of the offering on Thursday.The LP will invest in a diversified portfolio of flow-through shares issued by companies engaged primarily in mineral or oil and gas exploration activities in Canada.Toronto-based Mavrix is the manager and […]
The financial and economic outlook had continued to improve since the last interest-rate announcement
Mavrix Tax Deferred Income Fund will change its monthly distribution from 13¢ per unit to 9¢ per unit for both A and F Classes beginning July 31, Mavrix Fund Management Inc. said Thursday.“This change allows the fund to retain the excess yield in the underlying portfolio and provide for capital appreciation in line with the […]
Expectations index dips slightly
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Tricia O’Malley has been appointed as chair of the Accounting Standards Board (AcSB), succeeding Paul Cherry, the Accounting Standards Oversight Council (AcSOC) said Wednesday.The AcSB establishes financial reporting standards that contribute to enhanced decision making by improving the quality of financial information about organizational performance reported by Canadian entities.O’Malley previously served as the first full-time […]
Russell Investments Canada Ltd. Wednesday announced sub-advisor changes in the Russell Sovereign Investment Program and LifePoints Portfolios.Legg Mason Capital Management Inc. and PENN Capital Management Company, Inc. have been added to the Russell US Equity Pool, part of the Russell Sovereign Investment Program.Turner Investment Partners, Inc. and Fuller & Thaler Asset Management, Inc. are no […]
Disnat ranks highest in customer satisfaction
Natural gas fundamentals point to a recovery in 2010