TORONTO, Feb. 25, 2013 /CNW/ - FT Portfolios Canada Co. ("FTPC"), the manager of Veritas Canadian Select Portfolio (the "Fund"), announced today its intention to terminate the Fund effective on or
about April 30, 2013. The Fund will continue to be managed in
accordance with its current investment objective and strategy, but is
closed to new purchases of shares.
Shareholders will continue to have the right to redeem their shares in
the Fund prior to the termination date. All shares not redeemed prior
to the termination date will be automatically redeemed at that time.
Shares of the Fund are and will continue to be qualified investments
for registered plans.
In accordance with applicable securities legislation, shareholders will
be provided 60 days' advance written notice of the termination.
If you have any questions about the termination of the Fund or
investment alternatives, please contact your investment advisor or
First Trust at (416) 865-8065, toll free at 1-877-622-5552 or visit our
website at www.firsttrust.ca
SOURCE: FT Portfolios Canada Co.
For further information:
Fraser Howell, President
FT Portfolios Canada Co.
330 Bay Street, Suite 1300