CALGARY, Nov. 25, 2013 /CNW/ - Middlefield Group, on behalf of MINT
Income Fund (the "Fund"), is pleased to announce the successful
completion, effective November 15, 2013, of the conversion of its Class
A units into the Fund's existing class of trust units (the "Existing
Units") on a one-for-one basis.
Unitholders of the Class A units are not required to take any action in
order to be recognized as unitholders of the Existing Units and to be
in a position to trade the Existing Units on the Toronto Stock Exchange
MINT Income Fund is managed in accordance with its investment objectives
which include (i) a high level of sustainable income distributed
monthly over the life of the Fund (currently targeted to be $0.06 per
Unit per month, or $0.72 per Unit per annum); (ii) a cost-effective
method of reducing the risk of investing in high income securities; and
(iii) the potential for capital appreciation by investing in an
actively managed, diversified portfolio comprised primarily of high
yielding equity securities.
The Existing Units trade on the TSX under the symbol MID.UN.
SOURCE: MINT Income Fund
For further information:
For further information, please visit our website at www.middlefield.com or contact Nancy Tham, Managing Director, Sales and Marketing at 416.847.5349 or 1.888.890.1868.