Toronto-based LOGiQ Asset Management Ltd. plans to terminate Macquarie Emerging Markets Infrastructure Income Fund on or about March 22.
LOGiQ is looking to sell all non-cash assets of the fund and discharge liabilities of the fund, which is a closed-end investment trust. The remaining assets will then be distributed among unitholders as soon as it’s practical to do so following the termination date, according to the firm’s announcement.
The fund’s units will likely be delisted from the Toronto Stock Exchange on or about March 22.