Mavrix Fund Management Inc. has completed the rollover of the Mavrix Explore 2007-I FT Limited Partnership into the Mavrix Multi Series Fund Ltd.-Explorer Series, the company announced on Monday.
As at the rollover date of March 20, the net asset value of the Mavrix Explore 2007-I FT LP was $1.55886 per unit. Each investor in the Mavrix Explore 2007-I FT LP will receive 0.258947 shares of the Mavrix Multi Series Fund Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.
The Mavrix Multi Series Fund-Explorer Series is a class of redeemable shares of the Mavrix Multi Series Fund Ltd., a multi class mutual fund corporation. The fund’s primary investment objective is to seek long-term capital growth by investing in a diversified portfolio of Canadian resource issuers. To achieve this objective, the fund invests solely in the Mavrix Explorer Fund that pursues the same investment objective mandate.
IE
Mavrix completes rollover of Explore 2007-I LP
- By: IE Staff
- March 23, 2009 March 23, 2009
- 10:55