Maple Leaf Short Duration 2022-II Flow-Through LP - Quebec
Maple Leaf Short Duration 2022-II Flow-Through Limited Partnership – Quebec Class (the “Partnership”) has completed a transaction (“Liquidity Transaction”) on October 4, 2023 to which the assets of the Partnership (the “Assets”) transferred to the Maple Leaf Resource Class Mutual Fund (the “Mutual Fund” “CDO100″ 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 2022-II FLOW-THROUGH LIMITED PARTNERSHIP - QUEBEC CLASS
| PARTNERSHIP CUSIP: | Class A - 56532T303/ Class F 56532T402 |
|---|---|
|
FEDERAL TAX SHELTER: |
TS 094 466 |
|
QUEBEC TAX SHELTER: |
QAF -22-02027 |
|
PARTNERSHIP INCEPTION: |
August 23, 2022 |
|
OFFERING CLOSED: |
November 17, 2022 |
|
ROLLOVER COMPLETED: |
October 4, 2023 |
|
NAV PER LP UNIT AT ROLLOVER: |
$12.51 / $12.99 |
|
ACB PER LP UNIT AT ROLLOVER: |
12.35/12.76 |
|
CONVERSION FACTOR / RATIO: |
6.22455 / 6.46072 |
|
AFTER-TAX RETURN: |
+69.23%/+82.33% |
|
BEFORE-TAX RETURN: |
-49.95%/-48.05% |
(1) To determine the number of Maple Leaf Resource Class (CDO103 or CDO 100) 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 / CDO100 |
|---|---|
|
NAV PER SHARE AT ROLLOVER: |
$2.01 |
|
ACB PER SHARE AT ROLLOVER: |
1.98473/1.97565 |
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
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Investors may deduct issue costs associated with a flow-through limited partnership over a number of years subsequent to the dissolution of the partnership.
View the Issue Cost Deductions in:
All Maple Leaf Short Duration Flow-Through Limited Partnerships roll into Maple Leaf Resource Class Fund Code: CDO100 (the “Mutual Fund”). If you sell shares of the Mutual Fund you will need to know the adjusted cost base (“ACB”) per Mutual Fund share to determine capital gains or losses for tax reporting purposes.