Not for distribution to U.S. newswire services or for dissemination in the United States.
TORONTO , March 16, 2021 (GLOBE NEWSWIRE) — Northview Canadian High Yield Residential Fund (the âFundâ) today announced its March 2021 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the âUnitsâ), payable on April 15, 2021 to holders of Units of record at March 31, 2021. The distribution amounts will be as follows:
- C$0.10476 per Class A Unit, representing approximately C$1.26 per Unit on an annualized basis;
- C$0.11056 per Class C Unit, representing approximately C$1.33 per Unit on an annualized basis;
- C$0.10807 per Class F Unit, representing approximately C$1.30 per Unit on an annualized basis;
About Northview Canadian High Yield Residential Fund
The Fund is a âclosed-end fundâ established pursuant to a declaration of trust under the laws of the Province of Ontario for the primary purpose of indirectly acquiring, owning and operating a portfolio of income producing rental properties in secondary markets within Canada.
Forward-looking Statements
Certain statements in this news release contain forward-looking information within the meaning of applicable securities laws (also known as forward-looking statements). These forward-looking statements include, but are not limited to, the Fundâs plans, objectives, expectations and intentions, including with respect to the payment of distributions and the annualized pre-tax distribution yield. Such forward-looking statements reflect the Fundâs current beliefs and are based on information currently available to management. These statements are not guarantees of future performance and are based on the Fundâs estimates and assumptions that are subject to risks and uncertainties, including those discussed in the Fundâs materials filed with the Canadian securities regulatory authorities from time to time, including the Fundâs final long-form prospectus dated September 29, 2020, which could cause the actual results and performance of the Fund to differ materially from the forward-looking statements contained in this news release. Although the forward-looking statements contained in this news release are based upon what the Fund believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. All forward-looking statements in this news release are qualified by these cautionary statements. These forward-looking statements are made as of today and the Fund, except as required by applicable law, assumes no obligation to update or revise them to reflect new information or the occurrence of future events or circumstances.
To learn more about the Fund, visit www.northviewfund.com or contact:
Todd Cook, Chief Executive Officer
Northview Canadian High Yield Residential Fund
Tel: (403) 531-0720
Email: tcook@northviewfund.com
Leslie Veiner, Chief Financial Officer
Northview Canadian High Yield Residential Fund
Tel: (403) 531-0720
Email: lveiner@northviewfund.com