Canada NewsWire
CALGARY, May 17, 2019
CALGARY, May 17, 2019 /CNW/ - Middlefield Group is pleased to announce that the special meetings of unitholders of Middlefield Healthcare & Wellness Dividend Fund ("Wellness") (TSX: HWF.UN) and American Core Sectors Dividend Fund ("Core") (TSX: ACZ.UN) (each a "Fund" and collectively, the "Funds") were held today, at which approximately 98.8% of the unitholders of Wellness and 98.8% of the unitholders of Core present in person or represented by proxy voted in favour of respective resolutions authorizing the tax-free conversions of the Funds into exchange-traded funds, which are expected to occur in early June 2019.
The conversions are expected to benefit unitholders of the Funds for the following reasons:
Completion of the conversions is subject to the receipt of all necessary approvals and customary closing conditions.
SOURCE Middlefield Healthcare & Wellness Dividend Fund
View original content: http://www.newswire.ca/en/releases/archive/May2019/17/c0072.html
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