Citywire for Financial Professionals

Middlefield Canadian Income (Ordinary Share) MCT

North America

Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Add to Virtual Portfolio | Print page

Estimated NAV (p)

109.00

Share Price (p)

99.50

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Middlefield Canadian Income (Ordinary Share) Price 8.31%
Middlefield Canadian Income (Ordinary Share) NAV 11.01%
S&P TSX Composite 14.51%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 99.3p -8.8% 109.00p 107.00p
31 Dec
100% 5.04%

Discrete performance % over

Fund / BenchmarkMay '11
Apr '12
May '12
Apr '13
May '13
Apr '14
Middlefield Canadian Income (Ordinary Share) Price-0.5816.85-6.76
Middlefield Canadian Income (Ordinary Share) NAV-9.2315.745.67
S&P TSX Composite-10.313.8322.96

Discrete performance over

Discrete Performance

Top 10 Holdings

Twin Butte Energy Ltd. 4.13%
Chartwell Retirement Residences 3.67%
AltaGas Ltd. 3.56%
Magna Intl 3.56%
Pembina Pipeline Corp 3.21%
IGM Financial Inc. 3.10%
Power Financial Corp 2.99%
Keyera Corp 2.87%
Trilogy Energy Corp 2.87%
Tyco International Ltd 2.87%

Sectors weighting

Finance - General 20.70%
Energy 16.60%
Debt - General 14.20%
Real Estate 11.80%
Miscellaneous 7.80%
Utilities 6.50%
General Industrials 4.90%
Materials 3.90%
Consumer Discretionary 3.70%
Oil & Gas 3.10%
Telecommunications 3.10%
Consumer Staples 1.90%
Mining 1.80%
  • Investment trust info:

  • Sector North America
  • Launch Date 06 Jul 2006
  • Base Currency GBX
  • Domicile Jersey
  • Share Price (p) 99.50
  • Share Type Ordinary Share
  • TIDM MCT
  • ISIN GB00B15PV034
  • Shares Issued (M) 108
  • Market Capital (£M) 107.17
  • Gross Assets (£M) 117.56
  • Net Assets (£M) 117.56
  • TER (%) 1.55
  • Historic Dividend Yield (%) 5.04
  • Next Dividend Date 09 Jul 2014
  • Next Dividend (p) 1.25
  • Last AGM 29 May 2013
  • Next AGM 29 May 2014
  • Last Annual Report Date 17 Apr 2013
  • Next due Report Date 31 Dec 2013
  • Next due Report Type A/R
  • Objective:

  • To provide Shareholders with a high level of dividends and capital growth over the longer term, by investing in companies and REITs domiciled in Canada.
  • Management Group(s):

  • Kleinwort Benson (Jersey)
  • Middlefield International Limited
  • Managed by:

  • Andy Nasr Start: 31 Dec 2010
  • Dean C. Orrico Start: 31 Dec 2010
  • Richard L Faiella Start: 31 Dec 2010
  • Team Managed Start: 06 Jul 2006
  • Team Managed Start: 11 Oct 2011
  • Management Contract & Fees:

    Middlefield Capital Corporation and Middlefield International Limited have entered into a new investment management and advisory services agreement dated 20-Nov-13 under which Middlefield Capital Corporation acts as the Fund's discretionary investment manager and Middlefield International Limited continues to provide investment advisory services. The fees payable by the Fund under the new agreement (0.70 % of NAV) and the circumstances, including the notice period (90 days), in which the agreement can be terminated by the parties remain unchanged, The Administrator is entitled to an administrator fee payable by the Fund quarterly in arrears at a rate of 0.1% p.a. of the average Fund net assets calculated over the relevant quarter period. The Management and Administrator agreements are terminable by either party giving 90 days written notice

Sorry, this link is not
quite ready yet