Front Street Re-Opens the Front Street MLP Income Fund II Ltd
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 10/11/11 -- Front Street Capital is pleased to announce the re- opening of the Front Street MLP Income Fund II for a limited time period, beginning October 11th through October 18th. The Fund has been created to provide tax-efficient exposure to an actively managed, diversified portfolio of U.S. energy infrastructure Master Limited Partnerships (MLPs). The Fund will provide quarterly cash distributions and long-term capital appreciation, and will be offered in both Canadian (Series C) and U.S. dollars (Series U).
The Front Street MLP Income Fund focuses on pipelines that generate predictable and growing cash flows (and therefore distributions) based on: long-lived, high-value physical assets; U.S. producer price index ("PPI") revenue indexing, which mitigates impact from inflation; substantial barriers to entry, which generate attractive organic investment opportunities; and strong operating leverage through hard assets that magnify inelastic demand.
"We're tremendously excited about the re-launch of the Front Street MLP Income Fund II for Canadian investors," said Front Street Capital CEO, Gary Selke. "We understand the importance of infrastructure in meeting the needs of bringing new U.S. energy to market. The Front Street MLP Income Fund II offers exposure to the growing U.S. energy pipeline industry, and is poised to provide inflation protected, high levels of cash distributions."
The offering is made through a syndicate of investment dealers, co-led by CIBC, RBC Capital Markets, BMO Capital Markets, National Bank Financial Inc., TD Securities, Scotia Capital Inc., GMP Securities L.P., Raymond James Lt., Canaccord Genuity Corp, Macquarie Capital Markets Canada Ltd, Dundee Securities Ltd., Manulife Securities Incorporated, HSBC Securities (Canada) Inc., Sherbrooke Street Capital (SSC) Inc., and Tuscarora Capital Inc.
Contacts:
Front Street Capital
Investor Relations
1-800-513-2832
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Datum: 11.10.2011 - 21:14 Uhr
Sprache: Deutsch
News-ID 74997
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TORONTO, ONTARIO
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Personal Finance
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