Faircourt Gold Income Corp N.FGX

Financial Services Asset Management

Faircourt Gold Income Corp. is a Canada-based closed-ended fund. The Fund’s investment objectives are to provide Shareholders with monthly distributions, initially targeted to yield 5% ($0.04167 per Class A Share per month) per annum based on the issue price of $10.00 per Class A Share and the opportunity for capital appreciation. The Fund has been created to provide investors with exposure to global companies primarily involved in gold exploration, mining, or production, including those in the S&P/Toronto Stock Exchange (TSX) Global Gold Index, while also providing monthly distributions. The investment manager of the Fund is Faircourt Asset Management Inc., which is responsible for managing the affairs and providing portfolio management services to the Fund.

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Faircourt Gold Income Corp

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Post by ddoubleuon Oct 17, 2015 12:06am

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Post# 24200777

dividend cut

They just cut their dividend in practically in half. Ive been holding this since last November. Cant say that I'm not im disappointed by that but hopefully Gold will turn in the new year

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