RE: RE: N.A.V. holding
Here are two answers I received regarding CGQ.e. The first deals with the termination date and the second paragraph is in reference to the payout at the termination date. The payout of $15.00 per share was canceled therefore shareholders will only receive the N.A.V. of CGQ.e on that date. NOTHING more.
Good afternoon, spazzman
Should management receive feedback from investors regarding the desire to extend the fund, they could call a special meeting to vote on the matter. The Boad will definitely have this on their agenda and any news of a proposed extension or re-org would have to be equally disseminated to all shareholders and both classes of shares would have to vote in favour.
Please call or email with any further questions.
Kind regards.
Hello, spazzman
Holders of CGQ.E receive fixed cumulative monthly distributions ($11.09 per share to date) with the objective of returning, at a maximum, their issue price upon termination. Windup will be based on the managed portfolio portion of the net asset value at that time.
The most recent managed portfolio was $4.46*.
* as of January 11 2013
Kind regards.
Quadravest Investor Relations
Quadravest Investor Relations
Tel: 416.304.4443 1-877-4-QUADRA
Fax: 416.304.4441
www.quadravest.com
