Caldwell High Income Equity Fund
On May 6, 2015 Caldwell Investment Management Ltd., in its capacity as Trustee, announced that it intends to terminate the Caldwell High Income Equity Fund on or about July 7, 2015. Please refer to the press release.
Effective May 6, the Fund was closed to new purchases, and monthly distributions were discontinued. Investors have the right to redeem their shares in the Fund until 4 p.m. on Monday July 6. Caldwell will not charge any redemption fees on redemptions placed on or after May 6, or on switches to another Caldwell fund. A final distribution of income and gains may be made to unit holders prior to termination in order to ensure the tax efficiency of the Fund.
We encourage investors to speak with their financial advisor to discuss investment options that best meet their individual needs and circumstances.