TORONTO, Sept. 23, 2016 /CNW/ - B.E.S.T. Total Return Fund Inc. (the "Fund") announces that Roynat Capital Inc. has transferred all of its non-voting Class C Shares of the Fund to John M.A. Richardson, the Chief Executive Officer of the Fund. Mr. Richardson is now the sole holder of the Fund's Class C Shares. Class C Shares are non-voting (except as otherwise required by law) and subject to restricted redemption rights.
About B.E.S.T. Total Return Fund Inc.
B.E.S.T. Total Return Fund Inc., established in 2003, is registered as a labour sponsored investment fund corporation in Ontario and a registered labour-sponsored venture capital corporation federally. The Fund seeks to hold a balanced portfolio of investments with both income and growth objectives.
SOURCE B.E.S.T. Total Return Fund Inc.
For further information: B.E.S.T. Total Return Fund Inc., John Richardson, 416-203-7331 ext. 228/ 1-800-795-BEST, [email protected]