Rollover transaction completed on September 15, 2021

0


VANCOUVER, BC / ACCESSWIRE / September 16, 2021 / Maple Leaf 2020-II Short Term Flow-Through Limited Partnership – National Class and Quebec Class (the “Corporation”) is pleased to announce that on September 15, 2021, the Partnership has completed its Rollover Transaction whereby the assets of the Partnership were transferred to the Maple Leaf Resource Class (CDO103) mutual fund (the “Resource Mutual Fund”) in exchange for Series A shares of the Resource Mutual Fund.

NATIONAL CLASS (CUISP:56532P202) REVERSAL DETAILS
The final net asset value per National Class Unit was $ 31.86. The Resource Mutual Fund Series A shares were issued at a net asset value of $ 3.88902 each. As a result, each National Class Corporate Unitholder received 8.19282 Resource Mutual Fund Shares for each National Class Corporate Unit held.

QUEBEC CATEGORY (CUSIP: 56532P103) REVERSAL DETAILS
The final net asset value per Quebec Class Corporate Unit was $ 25.81. The Series A Resource Mutual Fund shares were issued at a net asset value of $ 3.88902 each. As a result, each Quebec Class Corporate Unitholder received 6.63769 shares of Resource Mutual Funds for each Quebec Class Corporate Unit held.

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

Investors should note:

  • Trades and trades can only be executed after the broker has processed the rollover trade and the Resource Mutual Fund shares appear in your account. It typically takes 2 to 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 switches to the income mutual fund.

  • Redemption of shares of Resource Mutual Fund for cash or replacement by Income Class Mutual Fund will result in capital gains tax.

Please contact your Investment Advisor for advice and assistance if you wish to switch to an income mutual fund.

ABOUT THE MAPLE LEAF
Maple Leaf is an independent private company whose executive members have participated in the formation of more than $ 500 million in capital based on energy and resource-based 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 them. at www. MapleLeafFunds.ca. These documents and other information about the mutual fund will also be available on SEDAR (the electronic document analysis and search system established by the Canadian Securities Administrators) at www.sedar.com.

For more information
For more information, please contact Hugh Cartwright, President

MAPLE LEAF TRANSFER PROGRAMS

Phone. : 604.684.5742
Toll free: 866.688.5750

Email: [email protected]
The 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 the securities. No securities regulatory authority has ruled on the merits of the actions of the Resource Mutual Fund and the Income Mutual Fund and to claim otherwise is an offense. Commissions, trailing commissions, management fees and expenses can all be associated with investing in mutual funds. 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 2020-II Short Term Flow-Through Limited Partnership

See the source version on accesswire.com:
https://www.accesswire.com/664384/Rollover-Transaction-Completed-September-15-2021–Maple-Leaf-Short-Duration-2020-II-Flow-Through-LP-National-Quebec-Class


Leave A Reply

Your email address will not be published.