Middlefield Canadian Income
Last Friday it was announced that, following pressure from Saba, Middlefield were proposing to convert into a UCITS ETF. This would be the first time that an investment trust has rolled over into an actively managed ETF structure. I feel rather hostile to any proposal from Saba but it appears that there could be advantages in this idea. I have never dealt in ETFs and would like to hear what others have to say.
29 Views
Yes, it’s an interesting development. We’ll be talking to the manager of Middlefield Canadian next week, and we’ll report on it in the next newsletter.