Maple Leaf Energy Income programs provide Canadian resident investors with exclusive energy sector investments that provide monthly income, up to a 100% tax deduction, liquidity and the opportunity to convert income into capital gains. Maple Leaf’s seasoned management team achieves these objectives through a portfolio of direct ‘non-operated’ working interests, royalties and other similar entitlements.
Cash Distributions & Fund Performance
| | FUND | | ISSUE PRICE | | NAV(1) | |
| CURRENT MONTH-END CASH DISTRIBUTIONS |
| DISTRIBUTIONS TO-DATE
|
| TAX SAVINGS(3) |
| AFTER-TAX
RETURN %(4) |
| 2011 Fund
October 2011
| | $100 | | $96.90 | | | $0.65 / Unit as at May
| | $20.32(2)
|
| $42.75
| | 104.8% |
| | 2012 Fund
April 2012(5)
| | $100 | | $92.25 | | | $1.25 / Unit as at May
| | $11.15(2) |
| $45
| | 88.0%
|
| |
|
| | (1) The 2011 Fund NAV has been calculated at PV8 using the December 31, 2011, independent reserves evaluation plus other net assets. The 2012 Fund NAV is shown at drawdown (original issue price less issue expenses) until such time as an independent reserves evaluation report has been completed.
(2) Total cash paid to investors since fund inception.
(3) Tax deductions totaled $13.85/unit to December 31, 2011 for the 2011 fund. Additional tax deductions of $81.28/unit will be realized in future years. Assumes a marginal tax rate of 45%.
(4) After-tax return assumes tax savings of $45, total cash distributions to date and estimated NAV see note(1).
For simplicity, an assumed marginal tax rate of 45% has been used. Tax
savings do not take into account the tax payable on any capital gain
arising on the eventual disposition of units. (5) Tax deductions are estimated to be $35-$40/unit to December 31, 2012 with the balance of the tax deductions, (totaling $100/unit) realized over subsequent years. Fund closed April 12, 2012. Distributions are targeted to commence November 30, 2012. |
Corporate Overview Webcast
Notice of Special Meeting
Tuesday, July 16, 2013
The Board
of Directors of Maple Leaf 2012-II Energy Income Limited Partnership
(Maple Leaf 2012-II Fund or the Fund) is requesting that Limited
Partners ("Investors") pass an extraordinary resolution to allow for the
investment mandate of the Fund to be broadened. - See more at:
http://www.mapleleaffunds.ca/EnergyIncome/Funds/2012-II_EnergyIncome/SpecialMeeting.aspx#sthash.1lCz7Oqp.dpuf
| The Board of Directors of Maple Leaf 2012-II Fund is requesting that
Limited Partners pass an extraordinary resolution to allow for the
investment mandate of the Fund to be broadened. The Special Meeting will be held on Tuesday, July 16, 2013 at 9am (PDT) at 1200-200 Burrard Street, Vancouver, BC.
1200-200 Burrard Street, Vancouver, BC V7X 1T2
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