Mavrix Fund Management Inc. has completed the rollover of the Mavrix Explore 2008-I FT Limited Partnership and the rollover of the Mavrix Quebec 2008 Flow Through LP into the Mavrix Multi Series Fund Ltd.-Explorer Series, the company said Monday.
On the March 19 rollover date, the net asset value of the Mavrix Explore 2008-I FT LP was $4.21913 per unit. Each investor in the Mavrix Explore 2008-I FT LP will receive 0.332739 shares of the Mavrix Multi Series Fund Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.
On March 19, the net asset value of the Mavrix Quebec 2008 FT LP was $3.79397 per unit. Each investor in the Mavrix Quebec 2008 FT LP will receive 0.299209 shares of the Mavrix Multi Series Fund Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.
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 LP rollovers
Mavrix Explore 2008-I FT LP and Mavrix Quebec 2008 FT LP
- By: IE Staff
- March 22, 2010 March 22, 2010
- 11:23