JohnBaronPortfolios.co.uk

Middlefield Canadian Income (MCT)


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MCT is one of a handful of investment companies listed in London offering direct exposure to Canadian equities. Since launch in July 2006, it has delivered consistent annualised NAV total returns of over 7% a year, of which more than two thirds comes from dividends. Although the trust has a mandate that allows it to invest up to 40% of its portfolio in US equities, it is currently 100% invested in Canadian-listed securities.

In this interview we talk to Dean Orrico about why Canada is a particularly good hunting ground for income seekers; how the strength of its banking sector and

resource self-sufficiency has enabled it to weather the current inflationary storm better than other markets; how an open door immigration policy is providing a solid foundation for the country’s economic growth; and why the trust has been adding to its position in its already heavily overweight exposure to Canada’s industrial and residential real estate/REITs sector.

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JohnBaronPortfolios.co.ukBy John Hughman