EnerVest Natural Resource Fund Announces Capital Gains Dividend
CALGARY, ALBERTA – February 27, 2013 – EnerVest Natural Resource Fund Ltd. (the “Fund”) today announced that shareholders of record at the close of business on February 26, 2013 will receive a capital gains dividend totaling $1.8 million (approximately $0.45 per share) payable February 27, 2013.
The capital gains dividend is automatically reinvested in shares of the Fund unless the shareholder has given written notice to the Fund to receive cash.
About the Fund
The Fund is an open-end mutual fund corporation, specializing in energy investments. The Fund is an actively managed portfolio of energy and energy related capital growth oriented securities listed primarily on the TSX and is designed to maximize capital appreciation for the benefit of its Unitholders. The Fund is managed by Rafi G. Tahmazian, Senior Portfolio Manager at Canoe Financial. The fund code is GOC040.
About Canoe Financial LP
Canoe Financial is the Portfolio Manager and Manager of the Fund. Canoe Financial is an investment management firm focused on building financial wealth for Canadians through investing in Canada. Its ‘GO CANADA!’ investment thesis reflects Canoe’s strategic confidence in Canada as a place to invest. With continued global urbanization, increasing worldwide demand for resources, and Canada’s sound fiscal structure, Canoe believes this country provides long-term growth potential for investors.
Canoe is one of Canada’s fastest-growing mutual fund companies and as at January 31, 2013, manages approximately $1.7 billion in assets through its investment products. To learn more about Canoe Financial, visit www.canoefinancial.com.
For further information, please contact:
Canoe Financial LP
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Forward Looking Statement: Certain statements included in this news release constitute forward looking statements which reflect Canoe Financial’s current expectations regarding future results or events. Words such as “may,” “will,” “should,” “could,” “anticipate,” “believe,” “expect,” “intend,” “plan,” “potential,” “continue” and similar expressions have been used to identify these forward-looking statements. Forward-looking statements involve significant risks and uncertainties and a number of factors could cause actual results to materially differ from expectations discussed in the forward looking statements including, but not limited to, changes in general economic and market conditions and other risk factors. Although the forward-looking statements are based on what Canoe Financial believes to be reasonable assumptions, we cannot assure that actual results will be consistent with these forward-looking statements. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the current date and we assume no obligation to update or revise them to reflect new events or circumstances.
This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products.