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Citadel Income Fund
T.CTF.UN
Alternate Symbol(s):
CTFUF
Citadel Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fund’s investment objectives are to provide its Unitholders with a stable stream of monthly distributions and to preserve and potentially enhance the Net Asset Value (NAV) of the Fund. It seeks to achieve these objectives by investing in a diversified portfolio (the Portfolio) of securities (the Portfolio Securities) consisting of equity securities of principally larger capitalization companies traded on a recognized stock exchange, debt securities, with a minimum of 80% of debt security investments in investment grade debt rated BBB or higher, and income funds. The Fund’s portfolio is managed by Vestcap Investment Management Inc. (the Portfolio Advisor). Artemis Investment Management Limited is the investment fund manager of the Fund.
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TSX:CTF.UN - Post by User
Citadel Income Fund
> management expense ratio of 9.27%
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riskymoney
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Post by
riskymoney
on May 06, 2014 3:54pm
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Post# 22530676
management expense ratio of 9.27%
management expense ratio of 9.27%
MER for 2013 was 9.27% Portfolio turnover ratio of 32.45% Are you kidding me???
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