Canadian Convertibles Plus Fund Announces NAV Error
TORONTO, July 8, 2014 /CNW/ - Canadian Convertibles Plus Fund (TSX: CCI.UN) announced today that the estimated net asset value per unit (NAV) was misstated from April 30, 2014 to June 30, 2014. The NAVs were subsequently recalculated and were lower than the reported NAV throughout the period, with the maximum difference being $0.106 on a reported NAV of $7.73, for a difference of 1.37%. There were no subscriptions or redemptions at the originally-published NAVs.
SOURCE Propel Capital CorporationFor further information: please call Krista Matheson, Senior Vice President, Propel Capital at 416-572-2431 or visit www.propelcapital.ca