Business News • MarketWire • Working Opportunity Fund Proposes Streamlining of Venture Series Offering |
Working Opportunity Fund Proposes Streamlining of Venture Series Offering |
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Working Opportunity Fund Proposes Streamlining of Venture Series Offering
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 3, 2010) - Working Opportunity Fund (EVCC) Ltd. (the "Fund") announced today that its Board has approved seeking shareholder approval for the consolidation of the Income Shares (series 2) (the "Income Shares") and the Diversified Shares (series 2) (the "Diversified Shares") into the Balanced Shares (series 2) and the Resource Shares (series 2) (the "Resource Shares") into the Growth Shares (series 2). The proposal is aimed at achieving a more efficient process for compiling and reporting financial results and pricing in the current regulatory regime and a more streamlined offering in light of the relative overlap of the non-venture investment mandates of the other Venture Series Shares offered by the Fund.
View More : http://www.marketwire.com/mw/release.do?id=1346809&sourceType=3
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