Front Street Flow-Through 2007-I Limited Partnership has completed the direct and indirect tax-deferred transfer of the assets of the partnership into Front Street Resource Fund of Front Street Mutual Funds Ltd., Front Street said Thursday.
Front Street had announced the planned rollover in early Janurary.
The partnership is being dissolved effective Feb. 5.
Class B Shares of the Front Street Resource Fund of Front Street Mutual Funds Ltd. were issued at $5.6054 each. The final net asset value per partnership unit was $6.0370. Partnership units were converted at the rate of 1.076997 fund shares for each partnership unit.
The fund shares will be subject to daily liquidity through FundServ as soon as possible after the rollover, once the individual holders’ investment advisor has reconciled the positions with FundServ, under FundServ Code FSC 401.
IE
Front Street completes Flow-Through 2007-I LP rollover
- By: IE Staff
- February 5, 2009 February 5, 2009
- 11:50
IE Staff