An anonymous representative of Quadravest reports
Effective June 1, 2022, the companies listed in the attached table will discontinue the payment of the service fee which is currently paid to dealers whose clients hold Class A shares, capital shares, equity shares or units, as applicable, of the companies.
This change is required for the companies to comply with applicable securities laws across all dealer platforms. The discontinuation of the service fee will reduce the expenses of each of the companies, thereby increasing the returns of each company.
DISCONTINUANCE OF PAYMENT OF SERVICE FEE
Company name TSX Base shelf Prospectus supplement
Income Financial INC.UN July 23, 2021* April 8, 2022
Financial 15 Split Corp. FTN Nov. 22, 2021 Nov. 22, 2021
Dividend 15 Split Corp. DFN July 3, 2020 Jan. 25, 2022
North American Financial 15 Split Corp. FFN July 3, 2020* April 12, 2022
U.S. Financial 15 Split Corp. FTU - -
Canadian Life Companies Split Corp. LFE Feb. 11, 2022 March 16, 2022
Prime Dividend Corp. PDV - -
Dividend 15 Split II Corp. DF May 7, 2021* April 12, 2022
New Commerce Split Corp. YCM - -
M Split Corp. XMF.A - -
TDb Split Corp. XTD Dec. 1, 2021 Dec. 2, 2021
Dividend Select 15 Corp. DS Dec. 9, 2021* Dec. 13, 2021
* As amended.
We seek Safe Harbor.
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