February 14, 2014 18:30 ET
TORONTO, ONTARIO--(Marketwired - Feb. 14, 2014) -
NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.
On January 13, 2014, First Asset Canadian Dividend Opportunity Fund II (TSX:DVF.UN) (the "Fund") announced that it would proceed with its previously announced conversion ("Conversion") by way of a merger. The manager of the Fund has subsequently determined that certain of the conditions required to permit the merger may not be met in a timely manner and accordingly that the Fund will effect the Conversion by converting into a mutual fund.
The manager anticipates implementing the Conversion on or about March 6, 2014. In order to permit the completion of the Conversion, units of the Fund will be delisted from the Toronto Stock Exchange as at the close of business on March 5, 2014.
Following the completion of the Conversion:
If you have any questions concerning this matter, please contact your financial advisor or call us at 416-642-1289 or toll free at 1-877-642-1289 or visit www.firstasset.com.
See all RSS Newsfeeds