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Middlefield launches two ETFs

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Middlefield Healthcare & Life Sciences ETF and REIT INDEXPLUS ETF now trading on the TSX

Article by IE Staff | Published on February 19, 2019

Calgary-based Middlefield Group has launched a pair of actively managed ETFs by converting two of its closed-end mutual funds, the investment manager announced Tuesday.

Middlefield Healthcare & Life Sciences Dividend Fund and REIT INDEXPLUS Income Fund began trading on the Toronto Stock Exchange on Tuesday as Middlefield Healthcare & Life Sciences ETF (ticker symbol: LS) and REIT INDEXPLUS ETF (ticker symbol: IDR), respectively.

The conversions to ETFs were not taxable events for unitholders.

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