Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following two offers if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
JOIN THE CLUB
Canadian Insider Ad-Free
$49/ year*
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
GO AD-FREE

* Price is subject to applicable taxes. Money back guarantee: For bona fide Ad-Free or Canadian Insider Club subscribers, if you downgrade to Basic or cancel with-in 10 days of first subscribing, we will refund your payment upon request. Immediately after downgrading or cancelling, using the same email that is associated with your account, request a refund via our Contact Us form at the bottom of the page. We will only consider one refund request per household or organization. We cannot accommodate refund requests where an account holder has not provided verifiable address and billing information.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

European Focused Dividend Fund (T:EF.UN)

Business Focus: Mutual Funds

Log in or join to add this stock to your watch list.
Sector:  Financials Industry:  Mutual Funds
 
See Regulatory Filings on SEDAR
Company Contact
Address: 812 Memorial Dr NW
CALGARY AB T2N 3C8
Tel: N/A
Website: www.middlefield.com
IR: See website
Key People
N/A    
Business Overview
European Focused Dividend Fund is a Canada-based non-redeemable investment fund. The Fund's investment objectives are to provide unit holders with: stable monthly cash distributions and long-term total return through capital appreciation of the Fund's investment portfolio, through a diversified, actively managed portfolio comprised primarily of dividend-paying securities of issuers that are domiciled in or derive a significant portion of their revenue from Europe. The Fund is managed by Middlefield Limited. Middlefield Capital Corporation provides investment management advice to the Fund. Prospective purchasers can purchase units either by cash payment or an exchange of freely tradable securities of one or more of those issuers.
Financial Overview
For the fiscal year ended 31 December 2018, European Focused Dividend Fund revenues decreased from C$35K to -C$5.4M. Net loss increased from C$461K to C$7.9M. Revenues reflect Realized G/L on Investments Securities decrease from -C$30K to -C$4.9M, Unrealized G/L on Investment Securities decrease from C$80K to -C$4.7M. Higher net loss reflects Finance Costs increase from C$2K to C$331K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $-5.39M as of Dec 31, 2018
EBITDA (TTM): -$7.10M as of Dec 31, 2018
Net annual income (TTM): -$7.88M as of Dec 31, 2018
Free cash flow (TTM): $9.10M as of Dec 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 7,785,200 as of Apr 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization