A diversified portfolio which focuses on dividend-paying securities of global healthcare-related issuers
CALGARY, Aug. 11, 2015 /CNW/ - Middlefield Group is pleased to announce the addition of the Middlefield Global Healthcare Dividend Fund to its award-winning family of mutual funds.
The Global Healthcare Dividend Fund primarily invests in dividend-paying securities of global issuers operating in, or deriving a significant portion of their revenue or earnings from, the healthcare industry.
The Fund has a substantially similar strategy to Middlefield's highly successful Global Healthcare Dividend Fund, a closed-end fund listed on the TSX under the symbol GHC.UN. Global healthcare securities have historically generated strong risk-adjusted returns versus U.S., Canadian and global equities. Healthcare is underrepresented in Canadian investment portfolios, representing approximately 6% of the S&P/TSX Composite Index, which highlights the importance of investing in a globally diversified portfolio for exposure to this industry.
"Middlefield has been investing in the healthcare sector across our various global mandates for a number of years" says Dean Orrico, President and Chief Investment Officer at Middlefield Capital Corporation. "We are excited to bring our healthcare investing experience and skillset to our mutual fund investors through this dedicated fund."
Formed in 1979, Middlefield creates and manages specialized investment products for individual and institutional investors and has assets under management of approximately $4.5 billion. Investment products include mutual funds, closed-end funds, private and public resource funds, real estate funds and a venture capital fund.
Copies of the Simplified Prospectus and further information about this or any of our other award-winning mutual funds are available by visiting our website at www.middlefield.com or contacting Nancy Tham, Managing Director, Sales and Marketing, at 416-847-5349 or toll-free at 1-888-890-1868.
SOURCE Middlefield Global Healthcare Dividend Fund
For further information: Nancy Tham, Managing Director, Sales and Marketing, at 416-847-5349 or toll-free at 1-888-890-1868.