Securities Law & Instruments

Bolton Capital Canada Inc.

 

Headnote

Clause 213(3)(b) of the Loan and Trust Corporations Act -- application by manager for approval to act as trustee of pooled funds and future pooled funds to be established and managed by the applicant and offered pursuant to a prospectus exemption.

Statutes Cited

Loan and Trust Corporations Act, R.S.O. 1990, c. L. 25, as am., s. 213(3)(b).

August 29, 2014

AUM Law Professional Corporation
175 Bloor St E., Suite 303, South Tower
Toronto, Ontario
M4W 3R8

Attention: Stacey Long

Dear Sirs/Mesdames:

Re: Bolton Capital Canada Inc. (the "Applicant") Application under clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario) for approval to act as trustee

Application #2014/0573

Further to your application dated July 9, 2014, as updated on August 20, 2014 (the "Application") filed on behalf of the Applicant, and based on the facts set out in the Application and the representation by the Applicant that assets of Bolton Enhanced Yield Canadian Preferred Share Fund and any future mutual fund trusts established and managed by the Applicant from time to time, will be held in the custody of a trust company incorporated, and licensed or registered, under the laws of Canada or a jurisdiction, or a bank listed in Schedule I, II, or III of the Bank Act (Canada), or an affiliate of such bank or trust company, the Ontario Securities Commission (the "Commission") makes the following order:

Pursuant to the authority conferred on the Commission in clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario), the Commission approves the proposal that the Applicant act as trustee of Bolton Enhanced Yield Canadian Preferred Share Fund and any other future mutual fund trusts which may be established and managed by the Applicant from time to time, the securities of which will be offered pursuant to prospectus exemptions.

Yours truly,

"Vern Krishna"
Commissioner
Ontario Securities Commission
 
"Edward P. Kerwin"
Commissioner
Ontario Securities Commission