Maple Leaf Short Duration 2021-II Flow-Through Limited Partnership

QUEBEC CLASS  |  PROSPECTUS



Maple Leaf Short Duration 2021-II Flow-Through Limited Partnership - Quebec Class (the “Partnership”) has completed a transaction (“Liquidity Transaction”) on October 19, 2022 to which the assets of the Partnership (the “Assets”) transferred to the Maple Leaf Resource Class mutual fund (the “Mutual Fund” and or “CDO103”) of Maple Leaf Corporate Funds Ltd., an open-ended mutual fund corporation, in exchange for Resource Class - Series A shares of the Mutual Fund.

 

LIMITED PARTNERSHIP ROLLOVER DETAILS

MAPLE LEAF SHORT DURATION 2021-II FLOW-THROUGH LIMITED PARTNERSHIP - QUEBEC CLASS
PARTNERSHIP CUSIP:

Class A - 56532H309 / Class F 56532H408
FEDERAL TAX SHELTER:

TS 092 759
QUEBEC TAX SHELTER:

QAF -21-01967
PARTNERSHIP INCEPTION:
 June 4, 2021
OFFERING CLOSED:
 October 14, 2021
ROLLOVER COMPLETED:
October 19, 2022
NAV PER LP UNIT AT ROLLOVER: $9.57 / $9.93
ACB PER LP UNIT AT ROLLOVER:
8.28455 / 8.35888
CONVERSION FACTOR / RATIO: 3.42067 / 3.55045
AFTER-TAX RETURN: 26.59% / 36.74%
BEFORE-TAX RETURN: -61.73% / -60.28%

(1)  To determine the number of Maple Leaf Resource Class (CDO103) shares received after the rollover, multiply your number of Limited Partnership units by the conversion factor.

(2)  The after-tax return is after capital gains tax has been paid on divestiture and is based on at-risk capital. At-risk capital is after tax savings from tax credits, CEE, CDE and other deductions.

(3)  Tax savings are calculated by multiplying the total estimated income tax deductions for each year by the assumed marginal tax rate of 50% for that year.

(4) When you sell any Mutual Fund shares you will need to know the adjusted cost base (ACB) per share to determine capital gains or losses for tax reporting purposes.

 


Mutual Fund Rollover Details

MAPLE LEAF RESOURCE CLASS
RESOURCE CLASS FUND CODE:    CDO103
NAV PER SHARE AT ROLLOVER:  $2.79690
ACB PER SHARE AT ROLLOVER: 2.42191/ 2.35431


Additional information about the Mutual Fund is available on the Maple Leaf Resource Class Fund Profile page including the Mutual Fund’s Simplified Prospectus, Annual Information Form, Quarterly Summaries of Investment Portfolio and more.

Investor Information

For information on Maple Leaf Resource Class mutual fund please click here.


Looking for your Tax Slip?

To determine when you will receive your T5013 (or RL-15 for Quebec residents only) tax slip for the 2022 tax reporting year or previous years, please view our tax slip distribution schedule.

Tax Slip Schedule for the 2021 Tax Year