Friday, 27 November 2009

Carfinco Impresses Toronto & Montreal Investment Community



Carfinco Income Fund
TSX: CFN.UN
Units issued - basic & fully diluted - 23.3 million
Current monthly distribution: $0.015
Current annualized yield - 9%

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Cash is king and Carfinco is distributing it to shareholders. This message was well received while Tracy Graf, President & CEO met with Investment Advisors, Fund Managers and Analysts during his visit to Toronto & Montreal on November 23rd and 25th.

Here is just a few of the houses and institutions that Carfinco visited during this trip.

- Blackmont Capital
- Brant Securities
- Canaccord Capital
- Dundee Securities
- Fosters Group
- Industrialle Alliance
- Sandfire Securities

As part of this trip, Mr. Graf presented at The University Club luncheon in Montreal to a full crowd presentation. The audience included sophisticated, high net worth investors, brokers and fund managers.

Since November 25th, 82% of the buying of Carfinco units have come from investment firms that were visited on this trip.