Matco Financial Inc. Announces Discontinuation and Mandatory Redemption of Series A Units

Calgary, Alberta--(Newsfile Corp. - April 26, 2022) - The board of directors of Matco Financial Inc., in its capacity as manager of the Matco Fixed Income Fund, the Matco Balanced Fund, the Matco Canadian Equity Income Fund, the Matco Global Equity Fund, and the Matco Small Cap Fund (each, a "Fund" and collectively, the "Funds"), has determined to discontinue the offering and support of Series A units of each of the Funds.

As a result of the discontinuation of the offering and support of Series A units of each Fund, all of the issued and outstanding Series A units of each Fund will be redeemed and exchanged for an equivalent net asset value of Series F units of the same Fund, effective as of May 27, 2022. The redemption and exchange of Series A units of each Fund will occur automatically on May 27, 2022, without any additional action being required by the holders of the Series A units.

Further Information

For further information in respect of the foregoing, please contact Jaime Morin by email at jmorin@matcofinancial.ca.

About Matco Financial

As an independent investment firm managing assets for private clients, foundations, trusts and not for profits since 2007, Matco's mission is to simplify the investment world for their clients by understanding their needs and providing exceptional investment solutions that preserve and grow their capital. For more information about Matco's investment solutions, including its M-Factor investment process, visit www.matcofinancialinc.com and follow @MatcoFinancial.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121799