Middlefield Canadian Income (MCT) invests in a broad selection of primarily Canadian and selected US equities, aiming to generate a high level of sustainable dividends and long-term capital growth. The fund is traded on the Main Market of the London Stock Exchange. MCT is benchmarked against the S&P/TSX Composite High Dividend index, but the managers are not constrained by its composition. The fund currently has significant exposure to the pipelines, power & utilities, real estate, financials and energy sectors. MCT pays a regular dividend of 1.25p per quarter; its current dividend yield is 5.4%.
