Middlefield Canadian Income (Ordinary Share) MCT

North America

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Estimated NAV (p)

109.00

Share Price (p)

109.50

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Middlefield Canadian Income (Ordinary Share) Price 30.24%
Middlefield Canadian Income (Ordinary Share) NAV 29.17%
S&P TSX Composite 42.59%
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 108.8p 0.1% 109.00p 113.00p
30 Jun
100% 4.60%

Discrete performance % over

Fund / BenchmarkDec '11
Nov '12
Dec '12
Nov '13
Dec '13
Nov '14
Middlefield Canadian Income (Ordinary Share) Price14.222.0111.78
Middlefield Canadian Income (Ordinary Share) NAV7.1213.436.31
S&P TSX Composite8.9013.9214.94

Discrete performance over

Discrete Performance

Top 10 Holdings

Brookfield Property Partners LP 3.90%
Magna Intl 3.43%
Whitecap Resources, Inc. 3.43%
Chartwell Retirement Residences 3.31%
Canadian National Railway Co 3.19%
Prudential Financial Inc 3.19%
JPMorgan Chase & Co 2.96%
Enercare Inc 2.96%
Tyco International Ltd 2.96%
LyondellBasell Industries NV 2.96%

Sectors weighting

Energy 23.30%
Finance - General 19.00%
Real Estate 9.80%
Debt - General 9.70%
General Industrials 8.40%
Utilities 7.90%
Oil & Gas 7.00%
Materials 5.30%
Miscellaneous 3.40%
Consumer Discretionary 3.20%
Consumer Staples 1.90%
Mining 1.10%
  • Investment trust info:

  • Sector North America
  • Launch Date 06 Jul 2006
  • Base Currency GBX
  • Domicile Jersey
  • Share Price (p) 109.50
  • Share Type Ordinary Share
  • TIDM MCT
  • ISIN GB00B15PV034
  • Shares Issued (M) 109
  • Market Capital (£M) 118.46
  • Gross Assets (£M) 118.31
  • Net Assets (£M) 118.31
  • TER (%) 1.55
  • Historic Dividend Yield (%) 4.60
  • Last AGM 29 May 2014
  • Next AGM 29 May 2015
  • Last Annual Report Date 23 Apr 2014
  • Next due Report Date  
  • Next due Report Type I/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
  • 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