Healthcare Special Opportunities Fund (MDS.UN)

An actively managed, closed-end listed fund comprised of public and private North American issuers to provide long-term total return through distributions and capital appreciation.

The Healthcare Special Opportunities Fund (MDS.UN) is an actively managed, closed-end listed mutual fund comprised of publicly traded companies and private issuers that derive most of their revenue or earnings from medical and healthcare products and/or services. The fund’s investment objective is to provide unitholders with long-term total return through distributions and capital appreciation of the Fund’s investment portfolio by investing in equity and debt securities of issuers that derive a significant portion of their revenue or earnings from medical and healthcare products and/or services. There are a number of key demographic and economic factors that will drive the performance of the healthcare sector and the Fund over time. These factors include aging population in North America, increasing living standards, industry growth leading to regulatory reform and broad technological innovation within the healthcare industry.

Risk
Level

Quick
Facts

Closing
Date:

July 15, 2015

Management Fee:

ClassA. Symbol: MDS.UN1.25% of the Nav

Performance Fee:

20% of the amount by which the cash proceeds at disposition of each private holding exceeds 106% of the threshold amount. (107% of the original book value of the investment)

RSP
Eligible:

Yes

Distributions:

The Manager may determine to pay a cash distribution to Unitholders based upon prevailing market conditions and the total return generated from the Portfolio. There can be no assurance the manager will make any such declaration relating to cash distributions.

Code

MDS.UN

Class

As at

20221201

Portfolio
Managers

The Healthcare Special Opportunities Fund (MDS.UN) is an actively managed, closed-end listed mutual fund comprised of publicly traded companies and private issuers that derive most of their revenue or earnings from medical and healthcare products and/or services. The fund’s investment objective is to provide unitholders with long-term total return through distributions and capital appreciation of the Fund’s investment portfolio by investing in equity and debt securities of issuers that derive a significant portion of their revenue or earnings from medical and healthcare products and/or services. There are a number of key demographic and economic factors that will drive the performance of the healthcare sector and the Fund over time. These factors include aging population in North America, increasing living standards, industry growth leading to regulatory reform and broad technological innovation within the healthcare industry.

Quick
Facts

Closing
Date:

July 15, 2015

Management Fee:

ClassA. Symbol: MDS.UN1.25% of the Nav

Performance Fee:

20% of the amount by which the cash proceeds at disposition of each private holding exceeds 106% of the threshold amount. (107% of the original book value of the investment)

RSP
Eligible:

Yes

Distributions:

The Manager may determine to pay a cash distribution to Unitholders based upon prevailing market conditions and the total return generated from the Portfolio. There can be no assurance the manager will make any such declaration relating to cash distributions.

Risk
Level

Code

MDS.UN

Class

As at

20221201

Portfolio
Managers

Code

MDS.UN

Class

As at

20221201

Growth of $10,000 as at September 30, 2022


Disclaimer: LDIC Inc. is a registered Portfolio Manager in all provinces in Canada except Newfoundland, New Brunswick Nova Scotia and Prince Edward Island and an Investment Fund Manager in Ontario, Quebec and Newfoundland. Third party information provided herein has been obtained from sources believed to be accurate, but cannot be guaranteed. The information herein is current as of the date of this document and LDIC Inc. assumes no obligation to provide updates or advise on further developments. You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment fund on the Toronto Stock Exchange. If the units are purchased or sold on the Toronto Stock Exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions (if applicable) and does not take into account income taxes payable by any security holder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Unauthorized publication or re-distribution of these materials may be illegal, please contact LDIC Inc. for permission prior.