TORONTO, Nov. 6, 2017 /CNW/ - LOGiQ Capital 2016 and LOGiQ Asset Management Ltd. (together, the "Managers") held the special meetings of the holders (the "Securityholders") of shares and units, as applicable, of LOGiQ Global Balanced Income Class, LOGiQ Balanced Monthly Income Class, LOGiQ Global Opportunities Class, LOGiQ Growth Class, LOGiQ MLP and Infrastructure Income Class, LOGiQ Money Market Class, LOGiQ Resource Growth and Income Class, LOGiQ Special Opportunities Class, LOGiQ Tactical Bond Class, LOGiQ Tactical Equity Class, LOGiQ Growth Fund, LOGiQ Tactical Bond Fund, LOGiQ Global Resource Fund, LOGiQ High Income Fund, LOGiQ Millennium Fund, LOGiQ Strategic Yield Fund, LOGiQ Total Return Fund, Australian Banc Income Fund, LOGiQ Advantage VIP Income Fund, LOGiQ AVIP Trust, LOGiQ MBB Trust, LOGiQ O&G Trust, Low Volatility Canadian Equities Income Fund, Macquarie Global Infrastructure Income Fund, Voya Floating Rate Senior Loan Fund, LOGiQ Credit Opportunities Fund and LOGIQ Select Equity Fund (collectively, the "Funds" and each a "Fund") to consider the Fund changes (each a "Proposal") which are proposed in connection with the sale by LOGiQ Asset Management Inc. to Purpose Investments Inc. of the management agreements and related assets relating to all of the Funds (the "Transaction") as described in the joint management proxy circular dated October 3, 2017 sent to Securityholders (the "Circular").
At the special meetings, Securityholders of each of the Funds approved a special resolution to authorize the applicable Proposal.
The requisite quorum of Securityholders of Canadian 50 Advantaged Preferred Share Fund, Global Capital Securities Trust, LOGiQ Advantage Oil & Gas Income Fund, LOGiQ VIP Income Fund and Voya Diversified Floating Rate Senior Loan Fund were not present at the special meetings and the business of the meeting of LOGiQ Advantage Bond Fund was not properly completed at the special meeting. Accordingly, those special meetings were adjourned to reconvene at 11:00 a.m. (Toronto time) on November 10, 2017.
Complete details regarding the matters considered at the special meetings were outlined in the Circular. The Circular is also available at www.sedar.com.
SOURCE LOGiQ Asset Management Ltd.
For further information: please contact LOGiQ Asset Management Client Services at 1-844-416-1093 or please visit www.logiqasset.com.