Mavrix Fund Management Inc. today announced the filing of the preliminary prospectus for the Mavrix Diversified Income Resources Trust.

Trust units are now being offered at a price per unit of $10, with a minimum investment of 100 units.

Mavrix says the initial target yield of the closed end trust is 7% per year. Mavrix Fund Management Inc., the portfolio manager of the trust, will actively invest in a diversified portfolio of primarily income trusts and common stocks.

Mavrix is also the portfolio manager of the Mavrix Dividend & Income Fund, the Mavrix Explorer Fund, and the Mavrix Balanced Income and Growth Trust. The Mavrix team has been managing portfolios with similar mandates since September of 1997.


Canaccord Capital Corp. and TD Securities Inc. are Lead Agents. Other syndicate members are BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., Dundee Securities Corp., HSBC Securities (Canada) Inc., Desjardins Securities Inc., First Associates Investments Inc., McFarlane Gordon Inc., Raymond James Ltd., Trilon Securities Corp., Wellington West Capital Inc., Berkshire Securities Inc., Bieber Securities Inc., IPC Securities Corp., Research Capital Corp., Richardson Partners Financial Limited, and Union Securities Ltd.