Rollover operation completed on February 2, 2022

VANCOUVER, BC /ACCESSWIRE/February 3, 2022/ Maple Leaf Short Duration 2021 Flow-Through Limited Partnership – National Class and Quebec Class (the “Partnership”) is pleased to announce that on February 2, 2022, the Partnership completed its Rollover Transaction whereby the assets of the Partnership were transferred to Maple Leaf Resource Class Mutual Fund (CDO103) (the “Resource Mutual Fund”) in exchange for Series A shares of the Resource Mutual Fund.

NATIONAL CLASS A (CUISP: 56532L102) PASSING DETAILS
The final net asset value per unit of National Class A Partnership was $18.86. Series F shares of Resource Mutual Fund were issued at a net asset value of $4.19174 each. Accordingly, each National LP Class A unitholder received 4.50006 shares of Resource Mutual Fund for each National LP Class A unit held.

NATIONAL CLASS F (CUISP: 56532L409) PASSING DETAILS
The final net asset value per National Class F Partnership Unit was $19.58. Series F shares of Resource Mutual Fund were issued at a net asset value of $4.19174 each. Accordingly, each holder of National Class F Partnership Units received 4.67079 shares of Resource Mutual Fund for each National Class F Partnership Unit held.

QUEBEC CLASS A (CUSIP: 56532L201) PASSAGE DETAILS
The final net asset value per Québec Class A Corporate Unit was $14.14. Series F Resource Mutual Fund shares were issued at a net asset value of $4.19174 each. Accordingly, each holder of Quebec Class A Units received 3.37229 shares of Resource Mutual Funds for each Quebec Class A Unit held.

QUEBEC CLASS F (CUSIP: 56532L300) PASSAGE DETAILS
The final net asset value per Quebec Class F Partnership Unit was $14.67. Series F Resource Mutual Fund shares were issued at a net asset value of $4.19174 each. Accordingly, each holder of Quebec Class F Partnership Units received 3.50023 shares of Resource Mutual Funds for each Quebec Class F Partnership Unit held.

Shares of Resource Mutual Fund will be deposited into investors’ brokerage accounts and investors may elect to transfer to the Maple Leaf Income Class (CDO102) mutual fund (the “Income Mutual Fund”) free of charge. The Income Pool’s mandate is to provide capital preservation, lower volatility, long-term growth and income.

Investors should note:

  • Trades and switches can only be executed once the broker has processed the rollover trade and the shares of Resource Mutual Fund appear in your account. It usually takes 2-5 days for dealers to process the rollover transaction.

  • Shares of Resource Mutual Fund and Income Mutual Fund are qualified investments for RRSPs, RRIFs, RESPs, DPSPs, RDSPs and TFSAs.

  • No fees will be charged for transfers to the Income Pool.

  • Redeeming shares of the Resource Mutual Fund for cash or switching to the Income Class Mutual Fund will incur capital gains tax.

Please contact your Investment Advisor for advice and assistance if you wish to switch to the Income Mutual Fund.

ABOUT THE MAPLE LEAF

Maple Leaf is a privately held, independent company whose executives have helped raise more than $500 million in capital based on energy and resource-focused alternative investment products for Canadian resident investors.

ADDITIONAL INFORMATION

Additional information about the mutual fund is available in the simplified prospectus, annual information form, management reports of fund performance and financial statements of the mutual fund. You can obtain a copy of these documents at your request and at no cost by calling toll-free at 1-866-688-5750, or from your financial advisor, or by emailing [email protected], or by downloading from www. mapleleaffunds.ca. These documents and other information about the mutual fund will also be available on SEDAR (the electronic document analysis and retrieval system established by the Canadian Securities Administrators) at www.sedar.com.

For more information

For more information, please contact Hugh Cartwright, President
MAPLE LEAF PASSIVE PROGRAMS
Tel: 604.684.5742 | Toll Free: 866.688.5750
Email: [email protected] | Web: www.MapleLeafFunds.ca

This press release is provided for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities. No securities regulatory authority has pronounced on the merits of the shares of Resource Mutual Fund and Income Mutual Fund and it is an offense to suggest otherwise. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus and consult your financial advisor to determine if these investments are suitable for you. Mutual funds are not guaranteed, their values ​​change frequently and past performance may not be repeated.

THE SOURCE: Maple Leaf Short Duration 2021 Flow-Through Limited Partnership

See the source version on accesswire.com:
https://www.accesswire.com/687224/Rollover-Transaction-Completed-February-2-2022–Maple-Leaf-Short-Duration-2021-Flow-Through-LP-National-Quebec-Class

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