Toronto-based JovFunds Management Inc., the trustee and manager of the Deans Knight Income and Growth Fund, has completed the final net asset value calculation for the fund as part of its termination.
The fund’s units (TSX:DKI.UN) were voluntarily delisted from the Toronto Stock Exchange on September 26.
The proceeds from the termination will be distributed to unitholders of the Fund’s units through CDS Clearing and Depository Services Inc. on Friday October 7, and will be based on a net asset value per unit of $7.2830.
Unitholders who submitted notice to redeem their units under the fund’s annual redemption feature will be redeemed at the same net asset value per unit.
IE