re Oil Sands fund, I got the following from their prospectus: Underwriters: RBC Dominion Securities Inc., CIBC World Markets Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Berkshire Securities Inc., Canaccord Capital Corporation, Dundee Securities Corporation, HSBC Securities (Canada) Inc., Desjardins Securities Inc., Raymond James Ltd., Research Capital Corporation, Blackmont Capital Inc. and Wellington West Capital Inc. (collectively, the ?Agents?) conditionally offer the Units, subject to prior sale, on a best efforts basis.
I also note that it will be actively managed: a snippet from the prospectus: "Investment Strategy: The Trust will seek to achieve its investment objectives by actively managing a portfolio (the ?Portfolio?) of equity securities initially comprised of approximately 40 issuers, consisting primarily of issuers participating in the Canadian oil sands sector with the balance of the Portfolio (up to 25% of the total assets) consisting primarily of other issuers involved in the energy sector. The Portfolio?s composition will vary over time depending on the Investment Advisor?s assessment of market conditions and outlook."
The Investment Advisor is AGF Funds. Sorry I don't have any more info. I would not buy without doing DD. I see, as I write this, that it is still open at TDW. |