Mavrix announces temporary closing of the Mavrix Multi Series Fund — Short Term Income Series

Mavrix Fund Management Inc. reports it will temporarily close the corporate class shares of Mavrix Multi Series Fund Ltd. – Short Term Income Series.

Mavrix says the temporary closure is necessary to avoid potential adverse tax consequences for the fund.

As such,purchase orders and switches/transfers in from other Mavrix Funds will not be accepted after the close of business as at 16:00 ET on Friday, August 31. Existing pre-authorized chequing plan purchases will be allowed to continue.

Mavrix will announce when the closure will be lifted when deemed appropriate to do so.