Maple Leaf Short Duration 2011 Flow-Through LP - Rollover Transaction Completed May 8, 2012
May 09, 2012
VANCOUVER, BRITISH COLUMBIA
Maple Leaf Short Duration 2011 Flow-Through Limited Partnership (the “Partnership”) is pleased to announce that at the close of business on Tuesday, May 8, 2012, the Partnership completed its Mutual Fund rollover transaction whereby the assets of the Partnership were transferred to the Maple Leaf Resource Class mutual fund (the “Mutual Fund”), an open-ended mutual fund corporation, in exchange for Maple Leaf Resource Class - Series A shares of the Mutual Fund.
Jim Huang of TIP Wealth Manager, the portfolio manager of the Partnership will continue as the portfolio manager of the Mutual Fund (please see enclosed biography for further details on Jim Huang and his portfolio management style and experience). This roll-over is on a tax-deferred exchange basis therefore no capital gains tax is payable on this transaction. There will be no fees charged on either the rollover to the Mutual Fund or on redemption of the Mutual Fund shares, however, when the Mutual Fund shares are sold, there will be a capital gain tax liability.
Investor’s shares of the Mutual Fund have been automatically deposited into investor’s brokerage account and investors may now elect
- Hold onto the Resource Class shares with the goal of
achieving long term growth, capital appreciation and to further defer
capital gains tax (please see enclosed Resource Class Portfolio
- Switch tax free into the Maple Leaf Income
Class shares with the goal of achieving long term growth, regular income
and again defer capital gains taxes (please see enclosed Income Class
- Redeem the mutual fund shares for cash (investors will have a capital gain tax liability upon redemption of Mutual Fund shares).
Mutual Fund shares are a qualified investment for RRSPs, RRIFs, RESPs,
DPSPs, RDSPs and TFSAs. Investors are encouraged to contact their
Investment Advisor for advice and assistance with any of the above
- There will be no fees charged on the rollover to the Mutual Fund, for switches, or on redemption of the Mutual Fund shares.
may be delays (administrative and/or processing) between the rollover
date, being May 8, 2012, and the date the Mutual Fund shares show in
- Transactions including redemptions and switches
may only be executed once the dealer has processed the rollover and the
Mutual Fund shares show in investor accounts.
IMPORTANT ROLLOVER DETAILS
MUTUAL FUND: Maple Leaf Resource Class mutual fund
FUND CODE: CDO100
LIMITED PARTNERSHIP NAV @ ROLLOVER
MUTUAL FUND NAV @ ROLLOVER
MUTUAL FUND ACB @ ROLLOVER
After-tax return is calculated by including tax savings from investment
tax credits, CEE and other operating deductions at an assumed marginal
tax rate of 45% and includes the payment of capital gains tax on
disposition of Mutual Fund shares.
MAPLE LEAF RESOURCE CLASS MUTUAL FUND
Resource Class Mutual Fund seeks to maximize capital appreciation by
investing in equity securities of natural resource companies and
companies that support resource companies, therefore the portfolio will
consist primarily of investments which generate capital gains from
resource stocks, but may also include investments which generate
Jim Huang, the portfolio
manager of the Resource Class mutual fund will make investments in
resource companies which he believes are undervalued. These investments
will include, in particular, securities of resource companies with
improving fundamentals such as growing revenues and earnings, strong
balance sheets and solid management, capital structure and attractive
MAPLE LEAF INCOME CLASS MUTUAL FUND
Income Class mutual fund seeks to achieve a high level of dividend
income as is consistent with prudent levels of capital preservation and
liquidity. This mutual fund primarily invests in equity and
equity-related securities that pay dividends or distributions.
Huang, the Portfolio Manager of the Income Class mutual fund, will make
investments in securities which he believes are undervalued. These
will include, in particular, securities of issuers with improving
fundamentals such as growing revenues and earnings, strong balance
sheets and solid management, capital structure and business franchises.
ABOUT MAPLE LEAF
Leaf is a privately held, independent firm whose executive members have
participated in the formation of over $500 million of capital based on
energy and resource focused alternative investment products for Canadian
management by Jim Huang, one of Canada’s top performing investment fund
managers, Maple Leaf products are structured to provide key investment
features such as: tax deductions of up to 100%, accelerated liquidity,
the opportunity to convert income into capital gains on an annual basis,
as well as to provide tax assisted and/or tax deferred monthly income.
information about the Mutual Fund is available in the Mutual Fund’s
simplified prospectus (enclosed), annual information form, management
reports of fund performance and financial statements. You can obtain a
copy of these documents at your request and at no cost by calling toll
free 1-866-688-5750, or from your financial advisor, or by e-mailing email@example.com, or by download at www.mapleleaffunds.ca
document is provided for information purposes only and cannot be relied
on to be complete, exhaustive or error-free unless the complete set of
documents for any given investment fund with respect to which
information is being sought is reviewed and then only on SEDAR
FOR FURTHER INFORMATION
With respect to the Mutual Fund or the Limited Partnership, please contact:
CADO Investment Fund Management Inc.
609 Granville Street, Suite 808 Vancouver BC V7Y 1G5
Tel: 604.684.5742 | Toll Free: 866.688.5750 | Fax: 604.684.5748
Email: firstname.lastname@example.org | Web: www.mapleleaffunds.ca