Middlefield International Clean Power Dividend Fund

Fund Description

The Fund invests in a portfolio of renewable power leaders and disruptors positioned to benefit from increasing demand stemming from the ongoing reduction in cost, as well as the growing political, corporate and societal support for renewable power.

Key Reasons to Invest:

  • exposure to an actively managed fund providing tax-efficient distributions focused on the real estate and infrastructure sectors
  • a high conviction portfolio of renewable power companies including hydro, wind and solar, many of whom operate in regulated frameworks with long-term contracted cash flows. The Fund also includes exposure to emerging and disruptive technologies in the clean energy sector e.g., hydrogen and battery storage
  • portfolio companies are selected with an emphasis on environmental, social and governance factors to complement rigorous fundamental analysis

CLP.UN 

Closing price  Ways To Invest Fact Sheet Press Releases Prospectus (English) Prospectus (French) All Fund Documents

Fund Overview

  • Ticker/CUSIP:
    CLP.UN/459275103
  • Inception Date:
    March 18, 2021
  • Monthly Distribution:
    $0.04167
  • Advisor:
    Middlefield Capital Corporation
  • Eligibility:
    RRSPs, RRIFs, DPSPs, RESPs and TFSAs
  • Management Fee:
    1.25%
  • Risk Rating:
    Not Rating
  • Exchange:
    Toronto Stock Exchange

Fund Managers

Headshot of Robert Lauzon
Robert F. Lauzon
Managing Director and Chief Investment Officer
Shane Obata
Portfolio Manager

Performance

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2022 2021 2020 2019
October 31, 2023 -2.87% -12.36% -14.85% -14.32% -9.78% - - - -9.04% -8.29% - - -

Distributions

Total NAV & Distributions (since inception)  
Show More
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
December 31, 2023 January 15, 2024 0.04167
November 30, 2023 December 15, 2023 0.04167
October 31, 2023 November 15, 2023 0.04167
September 30, 2023 October 13, 2023 0.04167
August 31, 2023 September 15, 2023 0.04167
July 31, 2023 August 15, 2023 0.04167
June 30, 2023 July 14, 2023 0.04167
May 31, 2023 June 15, 2023 0.04167
April 30, 2023 May 15, 2023 0.04167
March 31, 2023 April 14, 2023 0.04167

Fund Details

Sector Allocation (%)

As Of September 30, 2023
Utilities 43.60%
Industrials 23.60%
Technology 18.30%
Energy 5.50%
Consumer Discretionary 5.30%
Pipelines 3.70%

Geographic Allocation (%)

As Of September 30, 2023
Canada 20.40%
U.S. 33.30%
International 46.30%

Top 10 Holdings

1 Altagas Ltd. 4.70%
2 Enel S.p.A. 4.60%
3 National Grid plc 4.40%
4 Schneider Electric SE 4.30%
5 CENTRICA PLC 4.30%
6 SSE plc 4.20%
7 RWE AG 4.20%
8 PRYSMIAN SPA COMMON 4.10%
9 NVIDIA Corp. 3.70%
10 Enbridge Inc. 3.70%
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