Maple Leaf Short Duration 2016-III Flow-Through Limited Partnership

QUEBEC CLASS  |  OFFERING MEMORANDUM




Maple Leaf Short Duration 2016-III Flow-Through Limited Partnership - Quebec Class (the “Partnership”) has completed a transaction (“Liquidity Transaction”) on May 26, 2017 to which the assets of the Partnership (the “Assets”) transferred to the Maple Leaf Resource Class mutual fund (the “Mutual Fund” and or “CDO100”) of Maple Leaf Corporate Funds Ltd., an open-ended mutual fund corporation, in exchange for Resource Class - Series A shares of the Mutual Fund.

 

LIMITED PARTNERSHIP DETAILS

MAPLE LEAF SHORT DURATION 2016-III FLOW-THROUGH LIMITED PARTNERSHIP - QUEBEC CLASS
FUNDSERV CODE:
CDO165 / CDO166
FEDERAL TAX SHELTER:
TS 085919
QUEBEC TAX SHELTER:
QAF-16-01635
PARTNERSHIP INCEPTION:
 September 29, 2016
OFFERING CLOSED:
 December 6, 2016
ROLLOVER COMPLETED:
 May 26, 2017
NAV PER LP UNIT AT ROLLOVER: $21.83419 / $21.86498
ACB PER LP UNIT AT ROLLOVER:
 $14.08478 / $13.93652(4)
CONVERSION FACTOR / RATIO: 4.67510 / 4.68169(1)
BEFORE-TAX RETURN: -12.7% / -12.5%
AFTER-TAX RETURN: 80.39% / 83.70%(2)(3)

(1)  To determine the number of Maple Leaf Resource Class (CDO100) shares received after the rollover, multiply your number of Limited Partnership units by the conversion factor.

(2)  After-tax return is after capital gains tax has been paid on divestiture and is based on at-risk capital. At-risk capital is after tax savings from tax credits, CEE, CDE and other deductions.

(3)  After-tax return assumes a Federal marginal tax rate of 24.22% for Québec residents and a Québec provincial marginal tax rate of 25.75%. The tax savings are calculated by multiplying the total estimated income tax deductions for each year by the assumed marginal tax rate for that year.



Mutual Fund Details

MAPLE LEAF RESOURCE CLASS
RESOURCE CLASS FUND CODE:   CDO100
NAV PER SHARE AT ROLLOVER: $4.67032             
3.71569#sthash.wHRq8C8T.dpuf
ACB PER SHARE AT ROLLOVER: $3.01273 / $2.97682(4)

(4) When you sell any shares of Maple Leaf Resource Class (CDO100) you need to know the adjusted cost base (ACB) per share to determine capital gains or losses for tax reporting. The ACB will be available on or before March 31, 2018.



Additional information about the Mutual Fund is available on the Maple Leaf Resource Class Fund Profile page which includes the Mutual Fund’s Simplified Prospectus, Annual Information Form, Quarterly Summaries of Investment Portfolio and more.

Investor Information

For information on Maple Leaf Resource Class mutual fund please click here. - See more at: http://www.mapleleaffunds.ca/shortduration/funds/rolledfunds/2013-ii-fund_na.aspx#sthash.gKl6cyQZ.dpuf

For information on Maple Leaf Resource Class mutual fund, please click here.