Citadel Income Fund T.CTF.UN

Alternate Symbol(s): CTFUF

Citadel Income Fund (the Trust) is a Canada-based closed-end investment trust. The Trust’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. The Trust invests in a diversified portfolio of securities with the focus on income generation consisting of equity securities, of principally larger capitalization companies traded on a recognized stock exchange; debt securities with a focus on yield enhancement, with a minimum of 80% of debt securities invested in investment grade debt rated BBB or higher, and income funds. The Fund's portfolio is managed by Vestcap Investment Management Inc. Artemis Investment Management Limited is the investment fund manager of the Fund.

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Citadel Income Fund > Fund objectives

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Post by riskymoneyon Apr 28, 2014 9:46am

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Post# 22497322

Fund objectives

I would like to know how the investment manager can unilaterally change the funds objective. This is an income fund. It suppose to pay high monthly income. If you are worried about capital preservation. I suggest we get new fund managers immediately. Perhaps the OSC would be interested in helping?

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