Sentry Investments/ Fidelity ManagementAs we all now know because I posted it on SH two years ago, during January 2019, an Early Warning Report was triggered by Sentry Investments due to the following actions:
Based on the current capitalization of the Units, the Investment Manager’s securityholding in the Reporting Issuer was approximately 11.37% of the outstanding Units. This represents a decrease of 3,545,635 in the Units and 3.56% in the securityholding percentage, since the last report filed by the Investment Manager on February 9, 2018.
Then in February 2019, another Early Warning Report was triggered by Sentry Investments due to the following actions:
Based on the current capitalization of the Units, the Investment Manager’s securityholding in the Reporting Issuer was approximately 9.05% of the outstanding Units. This represents a decrease of 2,146,599 in the Units and 2.32% in the securityholding percentage, since the last report filed by the Investment Manager on February 8, 2019.
Now in September 2020, an early Warning Report was triggered by Fidelity Management due to the following sales of Chemtrade units:
Since Fidelity's last report filed on April 13, 2020, Fidelity's holdings have decreased by 3,308,310 Units of CHEMTRADE LOGISTICS INCOME FD. This represents a net decrease of 3.37% of the outstanding Units.
Fidelity holds 7,446,539 Units representing approximately 8.04% of the outstanding shares of that class.
The big boys have left or are leaving the ship. History repeats yet again!
Kherson