Energy Income Fund Appoints Artemis Investment Management Limited as New Investment Manager
12 Junho 2024 - 9:39AM
The Energy Income Fund (TSX: ENI.UN) is excited to announce Artemis
Investment Management Limited ("Artemis") as its new investment
manager effective June 20, 2024. This update follows the recent
filing of the new investment management agreement with SEDAR+.
This strategic change, involving the replacement
of the previous investment fund manager, Vestcap Investment
Management Inc. ("Vestcap"), is in pursuit of the Fund's revised
investment strategies and objectives. The agreement with Vestcap,
effective since August 22, 2013, will consequently be concluded.
The transition details have been communicated to the Fund’s
custodian, RBC Investor Services Trust, ensuring a seamless
changeover.
Additionally, Artemis is pleased to announce the
engagement of ARS Investment Partners, LLC ("ARS"), a
Delaware-based firm, as a sub-advisor to assist in investment
management and portfolio advisory services, effective June 20,
2024. Artemis will cover all sub-advisory fees associated with this
arrangement.
For additional information, please contact
Artemis Investment Management Limited’s investor relations at (416)
934-7455, email info@artemisfunds.ca, or visit
www.artemisfunds.ca.
Forward-Looking Statements
Certain statements in this press release are
“forward-looking” within the meaning of applicable Canadian
securities laws, including but not limited to statements about the
redemption offer and matters relating thereto. Forward‐looking
statements are generally, but not always, identified by the words
“expects”, “plans”, “anticipates”, “in the event”, “if”,
“believes”, “asserts”, “position”, “intends”, “envisages”,
“assumes”, “recommends”, “estimates”, “approximate”, “projects”,
“potential”, “indicate” and similar expressions, or that events or
conditions “will”, “would”, “may”, “could” or “should” occur.
Forward-looking statements in this news release include statements
with respect to the completion and payment of the redemptions set
out herein. Forward‐looking statements are necessarily based upon
the current belief, opinions and expectations of the Fund that,
while considered reasonable by the Fund, are inherently subject to
significant risks and uncertainties that could cause the outcome to
differ materially from current expectations. Such risks and
uncertainties include, among others, litigation, business,
economic, competitive, political and social uncertainties and other
contingencies. Many factors could cause the Fund's actual results
to differ materially from those expressed or implied in the
forward‐looking statements. These factors include, among others,
uncertainties related to the redemption offer as well as other risk
factors set out under the heading “Risk” in the Fund’s Annual
Report for the year ended December 31, 2023, which is available on
SEDAR+ at www.sedarplus.ca. Investors are cautioned not to put
undue reliance on forward‐looking statements due to the inherent
uncertainty therein.
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