Mavrix Fund Management Inc. has completed the rollover of the Mavrix Explore 2007-I FT Limited Partnership into the Mavrix Multi Series Fund Ltd.-Explorer Series, the company announced on Monday. As at the rollover date of March 20, the net asset value of the Mavrix Explore 2007-I FT LP was $1.55886 per unit. Each investor in […]
Expenses down 31%
Despite “reasonable efforts,” fund’s private investment component exceeds 15%
Mavrix Fund Management Inc. says it completed the rollover of Mavrix Explore Quebec 2007-I FT Limited Partnership into the Mavrix Multi Series Fund Ltd. – Explorer Series, on Feb. 27.As at the rollover date, the net asset value of the Mavrix Explore Quebec 2007-I FT LP was $2.19394 per unit. Each investor in the Mavrix […]
Manager change, fund merger are the key initiatives being proposed by Northern Rivers
Mavrix Explore 2009-I FT LP to invest in junior resource companies
In anticipation of the launch of the Tax-Free Savings Account (TFSA) in the new year, Mavrix Fund Management Inc. said client name TFSA accounts can be opened now to be ready to accept transactions beginning on Jan. 2.“The TFSA is the most important savings vehicle since the introduction of the RRSP,” said David Balsdon, CCO, […]
The sale of units of Mavrix Explore 2008-II FT Limited Partnership raised total gross proceeds of $12.5 million.Mavrix Fund Management Inc., the manager and portfolio advisor, announced the final closing of the LP on Thursday.The LP will invest in a diversified portfolio of flow-through shares issued primarily by mining companies with exploration activities in Canada.The […]
Asset manager focused on cost control as assets fall sharply
Mavrix Fund Management Inc. today announced the second closing of the sale of limited partnership units of Mavrix Explore 2008-II FT Limited Partnership. Gross proceeds raised to date have been $10.16 million. The final closing is scheduled to occur on Nov. 20.Mavrix says the LP will invest in a diversified portfolio of flow-through shares issued […]