TORONTO, Nov. 4, 2016 /CNW/ - Scotia Managed Companies Administration Inc., the manager of Moneda Latam Corporate Bond Fund (the "Fund") (TSX: MLD.UN), announced today that following the scheduled maturity of the Fund's forward agreement (the "Forward Agreement") on November 3, 2016, and receipt of approval of the Canadian securities regulatory authorities to amend the investment objectives of the Fund, the Fund will now invest directly in the securities of Moneda Deuda Latinoamericana Fondo de Inversion. The Moneda Deuda Latinoamericana Fondo de Inversion is a US$1.1 billion (as at June 30, 2016) Chilean listed investment fund, which was previously the notional portfolio that the Forward Agreement referenced.
Investment funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There is no assurance that the Fund will be able to achieve its distribution and capital preservation objectives or that the full amount of a unitholders investment in the Fund will be returned.
SOURCE Moneda LatAm Corporate Bond Fund
For further information: Investor Relations, Moneda LatAm Corporate Bond Fund, Web site: www.scotiamanagedcompanies.com, Email: [email protected], 26th Floor, 40 King Street West, Toronto, Ontario M5W 2X6, Tel: (416) 945-4262 Fax: (416) 863-7425