MINT Income Fund conversion of Class A units completed
25 Novembre 2013 - 4:52PM
PR Newswire (Canada)
CALGARY, Nov. 25, 2013 /CNW/ - Middlefield Group, on
behalf of MINT Income Fund (the "Fund"), is pleased to announce the
successful completion, effective November
15, 2013, of the conversion of its Class A units into the
Fund's existing class of trust units (the "Existing Units") on a
one-for-one basis.
Unitholders of the Class A units are not required to take any
action in order to be recognized as unitholders of the Existing
Units and to be in a position to trade the Existing Units on the
Toronto Stock Exchange (the "TSX").
MINT Income Fund is managed in accordance with its investment
objectives which include (i) a high level of sustainable income
distributed monthly over the life of the Fund (currently targeted
to be $0.06 per Unit per month, or
$0.72 per Unit per annum); (ii) a
cost-effective method of reducing the risk of investing in high
income securities; and (iii) the potential for capital appreciation
by investing in an actively managed, diversified portfolio
comprised primarily of high yielding equity securities.
The Existing Units trade on the TSX under the symbol MID.UN.
SOURCE MINT Income Fund
Copyright 2013 Canada NewsWire
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