Skip to main content

Canoe Financial simplifies its global equity lineup

CALGARY, Alberta, April 22, 2020 (GLOBE NEWSWIRE) — Canoe Financial is streamlining its global equity product offering with the proposed merger of Canoe Global All Cap Portfolio Class (the “Terminating Fund”) into Canoe Global Equity Fund on or about July 3, 2020.  The merger is subject to the receipt of all required regulatory and securityholder approvals.  Effective immediately, Series O of the Terminating Fund will no longer be available for purchase.
Approval from securityholders of the Terminating Fund will be sought at special meetings to be held on or about June 15, 2020. Details about the merger will be contained in meeting materials to be mailed to securityholders of record as of May 5, 2020.If the proposed merger is approved, securityholders of each series of the Terminating Fund will receive securities of a series of the Continuing Fund that has a management fee which is the same as, or lower than, the management fee on their existing series, determined on a dollar-for-dollar basis. If the proposed merger is approved, purchases, switches and redemptions of securities of the Terminating Fund will be suspended on the business day immediately prior to the merger date (other than purchases of Series O, which are suspended effective today). The Terminating Fund will be wound up as soon as possible following the merger. About Canoe Financial
Canoe is one of Canada’s fastest growing independent mutual fund companies managing over $5.8 billion in assets across a diversified range of award-winning mutual funds and private energy equity products. Founded in 2008, Canoe Financial LP is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe has significant national presence across Canada, including offices in Calgary, Toronto and Montreal. Canoefinancial.com
Further Information
Canoe Financial Investor Relations
1–877–434–2796
www.canoefinancial.com 
info@canoefinancial.com 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.