LDIC North American Infrastructure Fund

Fund Objective

Notice of Change in Legal Structure and Termination

Please refer to the full NOTICE OF CHANGE IN LEGAL STRUCTURE AND OF TERMINATION in Continuous Disclosure.

LDIC North American Infrastructure Fund (DAM500 & DAM510)

The investment objective of the Fund is to provide long-term capital appreciation combined with regular income, by investing primarily in equity securities and debt investments relating to infrastructure and related companies based in North America. Infrastructure assets are broadly defined as the basic facilities, services, and installations needed for the functioning of a community or society. The infrastructure sector includes, but is not limited to, investment in the following areas: transportation, distribution, storage, industrials & services. Such as companies who own: electric & gas utilities, port facilities, pipelines, mid-streams, airports, toll roads, rail, water & water utilities, engineering services, renewables & mobile towers & facilities. The Fund is suitable for investors who have a medium to high risk tolerance and have a medium to long-term investing horizon.

Code Class As at NAV ($) Fund Fact
DAM500 A (closed) 29-May-20 9.03
DAM510 F (closed) 29-May-20 9.56
Quick Facts
Inception date: April 18, 2013
Management Fee: 2% for Class A and 1% for Class F
Performance Fee: 10% in excess of target NAV
(The target NAV is 1+ the benchmark return, please refer to the Simplified Prospectus)
Portfolio Manager: LDIC Inc.
Distributions: $0.075 (targeted)/unit per quarter
Minimum investment: $1,000 initial, $500 subsequently
RSP Eligible: Yes
Shorting Capability: 20%
Administrator: RBC Investor and Treasury Services
Auditor: Ernst & Young LLP
Legal Counsel: Wildeboer Dellelce LLP


Risk Level

When you invest in a fund, the value of your investment can go down as well as up. The risk of this fund has been rated as medium-to-high. For a description of the specific risks of this fund, see the fund's simplified prospectus.

Investment Strategy Table

The Fund is suitable for investors who have a medium to high risk tolerance and a need for regular monthly earnings.