Toronto-based CI Investments Inc. is calling a meeting of the unitholders of Cambridge Balanced Yield Pool, to be held on Oct. 18.
Unitholders will vote on a change to the investment objective of the fund to focus on writing put options primarily on select equity securities, as well as ETFs and broad-based indices.
In connection with the change in the objectives, the name of the fund will also be changed to Cambridge Put Write Pool. If approved, the changes will take effect on or about Oct. 19.
Unitholders of the fund will receive meeting materials in late September detailing the investment objective change proposal.