Mavrix Fund Management Inc. today announced that on March 25, it completed the rollover of Mavrix Explore 2006-I FT Limited Partnership, Mavrix Explore 2006-II FT Limited Partnership, and the Mavrix Explore Quebec 2006 FT Limited Partnership into the Mavrix Multi Series Fund Ltd.-Explorer Series.

As at the rollover date, the net asset value of the Mavrix Explore 2006-I FT LP was $6.5798 per unit. Each investor in the Mavrix Explore 2006-I FT LP received 0.528498 shares of the Mavrix Multi Series Fund Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.

As at the rollover date, the net asset value of the Mavrix Explore 2006-II FT LP was $5.8350 per unit. Each investor in the Mavrix Explore 2006-II FT LP received 0.468675 shares of the Mavrix Multi Series Fund Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.

As at the rollover date, the net asset value of the Mavrix Explore Quebec 2006 FT LP was $6.6867 per unit. Each investor in the Mavrix Explore Quebec 2006 FT LP received 0.537084 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.

Mavrix Multi Series Fund Ltd. also offers five other share classes: Canadian Equity Series; Global Enterprise Series; Growth Series; Income Series; and Short Term Income Series.

The six classes provide investors the opportunity for further investment diversification and switches between classes are tax deferred.