I am pleased to announce that Malachite Aggressive Preferred Fund (MAPF) is now available for purchase through Odlum Brown Limited, an independent, full-service investment firm providing disciplined investment advice and objective research with a singular focus on clients.
MAPF a “unit trust” focussed on the Canadian preferred share market, managed by Hymas Investment Management Inc. Further information and links to performance figures and audited financials are available the fund’s web page. A “unit trust” is like a regular mutual fund, but is sold by offering memorandum rather than prospectus. This is cheaper, but means subscription is restricted to “accredited investors” (as defined by the Ontario Securities Commission) and those who subscribe for $150,000+. Fund past performances are not a guarantee of future performance. You can lose money investing in MAPF or any other fund.
Note that MAPF may not be held in RRSPs or other registered accounts.