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Client Work

YIELDPLUS Income Fund completes merger of funds

Fasken
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Overview

Client

Middlefield Limited

On September 27, 2007, Middlefield Group announced the successful completion of the previously announced merger of YIELDPLUS Income Fund, Core IncomePlus Fund, MAXIN Income Fund, PATHFINDER Income Fund and MG Dividend & Income Fund, with YIELDPLUS being the continuing fund. The combined total assets of the continuing fund are approximately $500 million. Fasken Martineau advised Middlefield in this transaction with a team that included Stephen Erlichman, John Sabetti and Catherine Fraser (securities and investment funds); Jon Holmstrom and David Ferris (banking & finance); and Mitchell Thaw (tax).

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