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Middlefield Canadian Income to invest more in US

Middlefield Canadian Income to invest more in US

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Middlefield Canadian Income is asking shareholders to approve a change to its investment policy to allow it to invest up to 40% of its portfolio outside Canada (up from 20%). They say most of this extra freedom will be used to invest in the US – there will be a limit of 10% on investments outside Canada and the US.

The plan is to keep the same benchmark.

MCT : Middlefield Canadian Income to invest more in US

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