Maple Leaf Short Duration 2022-II Flow-Through Limited Partnership

NATIONAL CLASS  |  PROSPECTUS



Maple Leaf Short Duration 2022-II Flow-Through Limited Partnership - National Class (the “Partnership”) has completed a transaction (“Liquidity Transaction”) on October 4, 2023 to which the assets of the Partnership (the “Assets”) transferred to the Maple Leaf Resource Class mutual fund (the “Mutual Fund” "CDO100"or “CDO103”) of Maple Leaf Corporate Funds Ltd., an open-ended mutual fund corporation, in exchange for Resource Class - Series A or Series F shares of the Mutual Fund.

 

LIMITED PARTNERSHIP ROLLOVER DETAILS

MAPLE LEAF SHORT DURATION 2022-II FLOW-THROUGH LIMITED PARTNERSHIP - NATIONAL CLASS
PARTNERSHIP CUSIP:

Class A - 56532T105- / Class F - 5653T204
FEDERAL TAX SHELTER:

TS 094 466
PARTNERSHIP INCEPTION:
 August 23, 2022
OFFERING CLOSED:
 November 17, 2022
ROLLOVER COMPLETED:
October 4, 2023
NAV PER LP UNIT AT ROLLOVER: $15.88 / $16.49
ACB PER LP UNIT AT ROLLOVER:
$13.90 / $14.40
CONVERSION FACTOR / RATIO: 7.90125 / 8.20102 (1)
AFTER-TAX RETURN: +31.54%/+38.12%
BEFORE-TAX RETURN:
 -36.47%/-34.06%

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

(2)  The 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)  Tax savings are calculated by multiplying the total estimated income tax deductions for each year by the assumed marginal tax rate of 50% for that year. 

(4) When you sell any Mutual Fund shares you will need to know the adjusted cost base (ACB) per share to determine capital gains or losses for tax reporting purposes.

 

Mutual Fund Rollover Details

MAPLE LEAF RESOURCE CLASS
RESOURCE CLASS FUND CODE:    CDO103 / CDO100
NAV PER SHARE AT ROLLOVER: $2.01
ACB PER SHARE AT ROLLOVER:
1.75897/1.75536


Additional information about the Mutual Fund is available on the Maple Leaf Resource Class Fund Profile page including 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.