| Overview |
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Middlefield Canadian Income PCC is a Jersey
incorporated, protected cell company. The Company's initial cell is Middlefield
Canadian Income - GBP PC whose shares are listed on the London Stock Exchange.
The Fund is designed to invest in a broadly diversified portfolio comprised
primarily of equity income securities. |
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| Ticker Symbol |
| London Stock Exchange: MCT |
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| Objectives |
| The Fund's investment objective is to provide shareholders
with a high level of dividends as well as capital growth over the longer
term. |
| Dividends |
| Dividends are expected to be paid on a quarterly basis at a
rate of 1.275 pence per share |
| Investment Manager |
| Middlefield Limited |
| Investment Advisor |
| Middlefield International Limited |
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| Permitted Investment for Retail
Investors |
| The Company notes the proposed changes to the Financial
Conduct Authority ("FCA") rules relating to the restrictions on the retail
distribution of unregulated collective investment schemes and close substitutes
(so called "non-mainstream pooled investments") which will come into effect on
1 January 2014. |
| The Company confirms that it currently conducts its affairs
so that its redeemable participating preference shares can be recommended by
IFAs to retail investors in accordance with the FCA rules in relation to
non-mainstream pooled investments and intends to continue to do so for the
foreseeable future. The shares are excluded from the FCA's restrictions which
apply to non-mainstream pooled investments because the Company is approved by
HMRC as an investment trust and the Directors intend to conduct the affairs of
the Company so as to continue to satisfy the conditions for approval as an
investment trust. |
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Key Information Document Click here  |
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| The content of this website are
the sole responsibility of Middlefield Canadian Income PCC and have not been
authorized by any other entity. |
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| In accordance with standard
market practices, Middlefield Limited has a risk management function which will
monitor Middlefield Canadian Income PCC's compliance with its risk profile. The
risk management function involves risk management systems as appropriate in
order to identify, measure, manage and monitor appropriately all risks relevant
to the Fund's investment strategy and to which it may be exposed. |
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It is important that you
read the relevant documentation before you invest in a
MIDDLEFIELD® product to ensure you understand the specific risks
involved and to determine whether it is a suitable product for you. Estimates
of future returns or indications of past performance on this site are for
information purposes and should not be construed as a guarantee of future
performance. The value of investments and income from them may fall as well as
rise and investors may not get back the full amount invested. Exchange rate
changes may cause the value of underlying investments to go down as well as up.
The Fund may utilize gearing, which will exaggerate market movements both down
and up. |
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