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 > New CSA Rules

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Post by mcdok0on Aug 13, 2014 9:52pm

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Post# 22839703

New CSA Rules

There are new rules for close end mutual funds that they can not issues shares less than the NAV. This is going to help existing share holders and stock closed end fund from getting access to cash in future. This investment is going up, up, up.

https://www.timelydisclosure.com/2014/06/24/phase-2-amendments-fund-modernization/

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