Mavrix Fund Management Inc. has completed the rollover of the Mavrix Explore 2007-I FT Limited Partnership into the Mavrix Multi Series Fund Ltd.-Explorer Series, the company announced on Monday.

As at the rollover date of March 20, the net asset value of the Mavrix Explore 2007-I FT LP was $1.55886 per unit. Each investor in the Mavrix Explore 2007-I FT LP will receive 0.258947 shares of the Mavrix Multi Series Fund Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.

The 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