Canadian 50 Advantaged Preferred Share Fund
Canadian 50 Advantaged Preferred Share Fund is a closed-end investment fund established under the laws of the Province of Ontario.
The Fund’s investment objectives are to provide (i) tax-advantaged quarterly cash distributions consisting primarily of returns of capital; and (ii) low-cost exposure to the total return approximating that of the BMO Capital Markets 50 Preferred Share Index.
The Fund has been designed to provide low cost exposure to the total return approximating that of the BMO Capital Markets 50 Preferred Share Index. This index was established in 1992 to provide a benchmark representing the Canadian preferred share market. It had only previously been available on an institutional basis.
The Fund does not have a fixed distribution policy but intends to make quarterly tax-advantaged distributions to Unitholders.
CC&L Canadian 50 Advantaged Preferred Share Fund—First Quarter 2013
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