Canoe will become the portfolio manager of the O’Leary funds once the deal closes officially
“Dragons” share vision of developing a Canadian independent fund manager
Versatile mandate allows the portfolio advisor to invest in a focused “best ideas” portfolio
The portfolio includes an allocation to short duration corporate bonds and floating rate securities
Adam Smalley has experience in corporate and high yield bonds, and floating rate income securities
O’Leary Global Infrastructure Yield Fund makes special distributions
Four funds scheduled to become two on Dec. 14
O’Leary Hard Asset Income Fund to be delisted
Line Deslandes will oversee all legal and compliance matters
Special distribution announced