Mavrix Fund Management Inc. Is Pleased To Announce The Filing Of The Preliminary Prospectus For The Mavrix TSX Venture Graduation Fund



    TSX: MVX

    TORONTO, Sept. 27 /CNW/ - Mavrix Fund Management Inc. is pleased to
announce the filing of the preliminary prospectus in connection with the
initial public offering of the Mavrix TSX Venture Graduation Fund (the
"Fund"). The prospectus seeks to qualify the distribution of warranted units
each consisting of one trust unit of the Fund (a "Fund Unit") and one half of
one Fund Unit purchase warrant (a "Warrant") at a price of $10.00 per
warranted unit. Each Warrant entitles the holder to purchase one Fund Unit at
a price of $10.25 on June 15, 2009.
    The Fund has been created to provide investors with the potential for
capital appreciation through exposure to an actively managed portfolio (the
"Portfolio") of growth-oriented, small capitalisation companies, selected
primarily from the TSX Venture Exchange. The Fund will invest at least 80% of
its total assets in issuers either currently listed on the TSX Venture
Exchange or which were listed on the TSX Venture Exchange within the last
12 months but have since graduated to a Toronto Stock Exchange listing. As
part of its investment process, the Manager will focus on issuers that have
been included in the TSX Venture 50(TM). The Fund may also invest up to 20% of
its total assets in other small capitalization issuers listed on the Toronto
Stock Exchange.
    The maximum size of the offering is $50,000,000 and the Syndicate is
being co-led by TD Securities Inc., CIBC World Markets Inc. and RBC Dominion
Securities Inc. and includes Dundee Securities Corporation, Scotia Capital
Inc., BMO Nesbitt Burns Inc., Berkshire Securities Inc., Blackmont Capital
Inc., Canaccord Capital Corporation, Desjardins Securities Inc., MGI
Securities Inc., Wellington West Capital Inc., GMP Securities L.P., Industrial
Alliance Securities Inc., IPC Securities Corporation, Laurentian Bank
Securities Inc. and Raymond James Ltd.

    Toronto Stock Exchange and TSX Venture Exchange are registered
trade-marks, and TSX Venture 50 is a trademark, of TSX Inc. Neither the Fund
Units nor the Warrants are sponsored, endorsed, sold or promoted by TSX Inc.,
its affiliates (including TSX Group Inc.) or third party data suppliers
(collectively, "TSX Group"). TSX Group makes no representation, warranty, or
condition regarding the advisability of investing in the Fund Units or
Warrants."

    About Mavrix Fund Management Inc.

    Mavrix is a publicly listed company trading on the TSX under the symbol
MVX and is the manager of 14 open ended mutual funds and 7 resource
flow-through limited partnerships totaling approximately $720 million in
assets under management. Mavrix is headquartered in Toronto with offices in
Halifax, Montreal, Winnipeg, Calgary, and Vancouver. Mavrix Mutual Funds are
distributed solely through licensed financial advisors and stockbrokers.

    %SEDAR: 00020385E




For further information:

For further information: Raymond Steele, Chief Operating Officer and
CFO, Direct: (416) 365-4071, Toll Free: 1-888-964-3533, Email:
rsteele@mavrixfunds.com; Or visit our website at www.mavrixfunds.com

Organization Profile

MAVRIX FUND MANAGEMENT INC.

More on this organization

MAVRIX TSX VENTURE FUND

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890