Middlefield Funds
 
1.888.890.1868   Home   Contact   UK Site   Site Index
 
Site Search
TSX-Listed Funds
As of March 4, 2014 , the Fund has merged with Middlefield Income Plus Class.
Income Plus II Corp. Archive
Features & Benefits
Distribution Reinvestment Plan
Subject to obtaining any required regulatory approvals, the Fund intends to provide Unitholders with the opportunity to elect to reinvest monthly cash distributions made by the Fund in additional Units and to purchase additional Units for cash through participation in the distribution reinvestment plan of the Fund.
 
Liquidity
TSX Listing. The Fund's units can be bought and sold on the TSX under the symbol MIP.
Mandatory Market Purchase Program. To enhance liquidity and to provide market support for the Units, the Fund will have a mandatory market purchase program under which the Fund will, subject to the following exceptions and to compliance with any applicable regulatory requirements, be obligated to purchase any Units offered on the TSX if, at any time, the price at which Units are then offered on the TSX is less than 95% of the NAV per Unit as at the close of business in Toronto, Ontario on the immediately preceding business day.
See prospectus for more details.
Redemptions. Units may be surrendered for redemption in each year at least 20 business days prior to the last day of any month in order to be redeemed on such date by giving notice thereof to MFL Management Limited through the Unitholder’s participant in CDS. Each Unit properly surrendered for redemption on February Valuation Date in 2014 will be redeemed at an amount, if any, equal to the Redemption Price per Unit as of the relevant Annual Valuation Date.
 
Eligibility For Investment
The Fund's units are considered Canadian property for RRSPs, RRIFs, DPSPs, RESPs and TFSAs
 
 
     
Links
  Mutual Funds
  TSX-Listed Funds
  Resource Funds
  International Funds
  Merchant Banking Prospectuses
  Real Estate Group Disclaimer
  Advisor Login Privacy
     
  Follow us:  Linkedin  Facebook  Twitter
   
 
Contact Us
Middlefield Group © 2013. All rights reserved.