Caldwell Investment Management Ltd. announced at a special meeting that unitholders of Clearpoint Global Fund approved a proposal which will result in the merger of Clearpoint Global Fund with Caldwell US Fund. Caldwell is also the present manager of Clearpoint Global Dividend Fund and Caldwell U.S. Dividend Advantage Fund.   

On the other hand, Caldwell US Fund is 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. The merger is taking effect on October 25, 2019 after receiving regulatory approval.

With regards to the press release issued by the Manager on October 17, 2019, the return generated by the Caldwell US Fund since inception was inadvertently incorrectly posted. Based on the reports, the exact annualized Caldwell US Fund return since inception on June 19, 2015 to September 30, 2019 has been 7.7%. Read more about this news when you check out their website.

Significant Notes to Take From Caldwell Investment Management Ltd.

Caldwell Investment Management Ltd. is registered as a portfolio manager and investment fund manager with the Ontario Securities Commission, the principal regulator and is also registered as a portfolio manager in other provinces where it does business. Furthermore, the firm was founded in 1990 and has since been providing investment management services to Canadian and international retail and institutional investors. They have a wide scope of clientele that includes financial institutions, public and private pension funds, endowment funds, foundations, as well as private family accounts.

They are a wholly-owned subsidiary of Caldwell Financial Ltd, a majority employee-owned firm, with Brendan Caldwell as their CEO and President. They originate and structure investment vehicles and provide portfolio and risk management services. Some of these are portfolio and risk management services.

Caldwell is proud to have experts who monitor portfolios for compliance with investment mandates and regulatory compliance and provide reporting to investors and clients, including financial performance and reporting for income tax purposes. In addition, they are proud to have experts who monitor portfolios for compliance with investment mandates and regulatory compliance and provide reporting to investors and clients, including financial performance and reporting for income tax purposes. For more information, feel free to visit their LinkedIn profile.

(Disclaimer : We are not associated with Caldwell Investment Management)