The Toronto Stock Exchange reports that North American Preferred Share Fund will be delisted at the close on Sept. 19, 2019. According to the TSX, Fiera Capital Corp., the manager of the fund, has determined to terminate the fund on or about Sept. 26, 2019.
The TSX reports that following the satisfaction of, or provision for, all the liabilities of the fund, the net assets of the fund will be distributed to the unitholders on a pro rata basis. Following such distributions, the fund will be terminated. According to the TSX, the payment of the termination proceeds will be made on or about Sept. 30, 2019, through CDS Clearing and Depository Securities Inc.
For more information, see the fund's news release dated Aug. 27, 2019.
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