CALGARY, March 19, 2019 /CNW/ - Middlefield Group, on
behalf of Middlefield Healthcare & Life Sciences ETF ("Life
Sciences") (TSX: LS) and Middlefield REIT INDEXPLUS ETF ("REIT
INDEXPLUS") (TSX: IDR), is pleased to announce the following
increases to the monthly distribution rates, which are primarily
supported by dividend growth within the respective fund
portfolios.
Pursuant to the increase from $0.04167 to $0.05,
Life Sciences distributions for the second quarter of 2019 will be
payable to unitholders as follows:
|
Record
Date
|
Payable
Date
|
Distribution
Per
Trust Unit
|
|
April 30,
2019
|
May 15,
2019
|
$0.05
|
|
May 31,
2019
|
June 14,
2019
|
$0.05
|
|
June 30,
2019
|
July 15,
2019
|
$0.05
|
Pursuant to the increase from $0.065 to $0.075,
REIT INDEXPLUS distributions for the second quarter of 2019 will be
payable to unitholders as follows:
|
Record
Date
|
Payable
Date
|
Distribution
Per
Trust Unit
|
|
April 30,
2019
|
May 15,
2019
|
$0.075
|
|
May 31,
2019
|
June 14,
2019
|
$0.075
|
|
June 30,
2019
|
July 15,
2019
|
$0.075
|
Middlefield Group
Formed in 1979, Middlefield
creates and manages specialized investment products for individual
and institutional investors and has assets under management of
approximately $4 billion. Investment
products include mutual funds, exchange-traded funds, closed-end
funds, private and public resource funds, real estate funds and a
venture capital fund.
This press release contains forward-looking information. The
forward-looking information contained in this press release is
based on historical information concerning distributions and
dividends paid on the securities of issuers historically included
in the portfolio of the Funds. Actual future results, including the
amount of distributions paid by the Funds, may differ from the
monthly distribution amount. Specifically, the income from which
distributions are paid may vary significantly due to: changes in
portfolio composition; changes in distributions and dividends paid
by issuers of securities included in the Funds' portfolios from
time to time; there being no assurance that those issuers will pay
distributions or dividends on their securities; the declaration of
distributions and dividends by issuers of securities included in
the portfolio will generally depend upon various factors, including
the financial condition of each issuer and general economic and
stock market conditions; the level of borrowing by the Fund; and
the uncertainty of realizing capital gains. The risks,
uncertainties and other factors that could influence actual results
are described under "Risk Factors" in the Funds' prospectus and
other documents filed by the Funds with the Canadian securities
regulatory authorities. The forward-looking information contained
in this press release constitutes the Funds current estimate, as of
the date of this press release, with respect to the matters covered
hereby. Investors and others should not assume that any
forward-looking statement contained in this press release
represents the Funds estimate as of any date other than the date of
this press release.
SOURCE Middlefield Healthcare & Life Sciences ETF