The quarterly distribution is payable in either cash or additional depositary units, at the election of each depositary unit holder
and will be paid on or about April 16 to depositary unitholders of record at the close of business on March 12.
The refund may be obtained within three business days commencing from the date of issuance of investment report to the unit holder
Oryx Properties said it views the positive response from its unit holders
as a vote of confidence in the company's investment strategy to create and grow unit holder
value and the underlying quality of the company's property portfolio.
9446 units for every 100 units held by the unit holder
The requirements also stipulate that the AMCs shall clearly disclose, at the time of investment, the maximum rate of sales load that is being charged to the unit holder
Each growth unit holder
will be entitled to receive 5.
Also, the company stated that a unit holder
who has continually held units since inception will have received a total of CAD0.
Empowerment of unit holders
for decisions on material aspects of a mutual fund including transfer of its management rights; Enhancement of role of trustees of mutual funds to ensure better safeguarding of unit holder
interests and prohibiting them from investing in mutual funds for which they act as trustee.
Also, the fund said that a unit holder
who has continually held units since inception will have received a total of CAD1.
Further, the fund said that the special distribution's capital gains part will be paid with the issue additional fund units and immediately thereafter will be followed by a consolidation of the numbers of fund units held by each unit holder
of record after the consolidation the same number, before the distribution.