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Experience

Middlefield launches ETF Series for Income Plus and ActivEnergy dividend classes

Fasken
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Overview

Client

Middlefield Limited

On March 18, 2026, Middlefield Limited launched an ETF series for Income Plus Class and ActivEnergy Dividend Class, each classes of Middlefield Mutual Funds Limited (the “ETF Series Funds”), which began trading on the Toronto Stock Exchange under the ticker symbols MIPC and MAEC, respectively. The offering of the ETF Series Funds was made in each of the provinces and territories of Canada.

Income Plus Class is one of Middlefield Limited’s longest running equity income mandates, with a proven 25-year track record and a history of uninterrupted monthly distributions since inception. ActivEnergy Dividend Class offers investors actively managed exposure to dividend-paying companies across the energy sector. The ETF series will allow investors to access these strategies with the liquidity, transparency, and trading flexibility of an ETF.

Middlefield Limited, the manager of the ETF Series Funds, was advised by Fasken with a team that consisted of Stephen Erlichman, Daniel Fuke and George Soules (Capital Markets and Investment Management); Andrew Haikal and Katerina Ignatova (Tax); and Tom Chong (Articling Student).

Jurisdiction

  • Canada

Team

Daniel Fuke Toronto Lawyer Daniel Fuke Partner | Corporate/Commercial Toronto, ON +1 416 865 4436
George Soules Toronto Student George Soules Associate | Corporate/Commercial Toronto, ON +1 416 868 7810
Andrew Haikal Tax Lawyer in Montreal Andrew Haikal Partner | Tax Law Montréal, QC +1 514 397 5296
Tom Chong Toronto Law Student Tom Chong Articling Student Toronto, ON +1 416 865 4458