On October 21, 2019, the manager of Clearpoint Global Dividend Fund as well as Caldwell U.S. Dividend Advantage Fund, Caldwell Investment Management Ltd., is proud to announce at a special meeting held today. The unitholders of Clearpoint Global Fund approved a proposal that will result in the merger of Clearpoint Global Fund with Caldwell US Fund, another mutual fund managed by the Manager, in order to combine Clearpoint Global Fund and Caldwell US Fund into one U.S. dividend fund with Caldwell US Fund being the continuing fund. Click here to read more about this news.
Furthermore, subject to receiving regulatory approval, it is expected that the said merger will take effect on or about October 25, 2019. Additional details of the merger are outlined in an information circular that has been sent to unitholders of Clearpoint Global Fund in connection with the special meeting. Copies of the information circular are available on www.sedar.com and https://caldwellinvestment.com/.
In relation to the press release issued by the Manager on October 17, 2019, it has been reported that the return gathered by the Caldwell US Fund since inception was inadvertently incorrectly posted. The actual annualized Caldwell US Fund return since inception on June 19, 2015 to September 30, 2019 was 7.7%.
Read More About Caldwell Investment Management Ltd. Below
Caldwell Investments is a trusted provider of investment management and advisory services to Canadian, retail and institutional investors, including financial institutions, public and private pension funds, endowment funds, foundations, and private accounts.
Their team is committed to growing as well as preserving your wealth. Caldwell does this by offering a personalized, customized, and flexible plan defined by their heritage of fostering deep and enduring long-term partnerships. They originate investment vehicles with a view toward predictable results.
Furthermore, their portfolio and risk management services include discretionary investment management and asset allocation. Caldwell has experts who monitor portfolio compliance in accordance with investment mandates and regulatory requirements, and provide financial performance reporting to investors and clients. With their integrity and depth of experience, their people are Caldwell’s most valuable asset.
Registered with the Ontario Securities Commission, its principal regulator, Caldwell is a portfolio manager and investment fund manager, and is registered in other provinces where it does business. Established in 1990, Caldwell is a wholly owned subsidiary of Caldwell Financial Ltd, a majority employee-owned firm.
(Disclaimer : We are not associated with Caldwell Investment Management)