Next Edge GLG Emerging Markets Income Fund Announces Monthly Distribution
TORONTO, July 14, 2014 /CNW/ - Next Edge GLG Emerging Markets Income Fund (TSX: EMY.UN) (the "Fund") intends to pay a monthly cash distribution $0.03868 per Unit to Unitholders of record as of July 31, 2014.
This distribution will be paid on or about August 15, 2014, bringing the cumulative distributions to $1.40086 per Unit since inception of the Fund. This represents an annual yield of 6.0% based on a market price of $7.73510 per unit as at December 31, 2013.
About Next Edge Capital Corp.
Next Edge was formed through a management spin out of the Canadian office of Man. The management team opened the Canadian office of Man in 2006 and has raised over CDN $1.0 billion since inception. Next Edge continues to support a number of the Canadian retail products offered by Man.
We search the world for investment managers and strategies that aim to deliver robust risk-adjusted performance. The people and approaches we discover may not be well known in Canada, but we think they provide something remarkable – access to what's next. Our job is to cut through all the noise of short term performance and extra risk-taking to discern real talent. Our clients appreciate being first to see compelling new approaches, even though some are complex or are limited in capacity. For more than a decade, the Next Edge management team has provided rare access to unique strategies before they became widely known.
Further information can be found at www.nextedgecapital.com.
Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer to provide investment services.
Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.
SOURCE Next Edge Capital Corp.For further information: Inquiries: Toreigh Stuart, CEO, Next Edge Capital Corp., (416) 775-3636, Toreigh.Stuart@nextedgecapital.com or please contact Next Edge toll-free at 1 877 860-1080 or 416 775-3600.