MONTREAL, Aug. 5, 2016 /CNW/ - Palos Management Inc. ("Palos Management"), the manager of the Fund, announced that the targeted level of quarterly distributions of the Fund went from $0.20 per unit to $0.10 per unit.
The reassessment of the targeted level of distribution is the result of Palos Management's discretionary power to reassess the targeted level of distribution from time to time.
About Palos Management Inc.
Founded in 2001, Palos Management is a boutique financial management firm that includes Palos. Our mission is to constantly earn our clients' trust by growing and sustaining their wealth through our creative and intelligent approach to financial management. The Head Office of Palos Management Inc. is in Montreal, Québec.
SOURCE Palos Management Inc.
For further information: For further information, please communicate with: firstname.lastname@example.org or toll free at 1 855-725-6755