Jov Leon Frazer Enhanced Opportunities Fund Inc. suspends new subscriptions and appoints new Chief Executive Officer and Chief Financial Officer

Autor: Canada Newswire
Zdroj: Canada Newswire. 05/10/2013.
Abstrakt: TORONTO, May 10, 2013 /CNW/ - JovFinancial Solutions Inc. ("JovFinancial"), the manager of Jov Leon Frazer Enhanced Opportunities Fund Inc. (the "Fund"), announced today that the Fund will no longer accept further subscriptions in the Fund while it explores strategic options to maximize returns for all of the Fund's shareholders in light of the phase out of the tax credits available to investors in labour-sponsored investment funds proposed by the 2013 Federal Budget. It is important to note that redemptions are unaffected by this decision. [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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