Palos Management has signed an amended and restated trust agreement and an investment and fund management agreement with Computershare Trust Company of Canada. As per the agreement, Computershare will be the trustee of the Palos Equity Income Fund.
The firm will assume responsibilities as trustee on Sept. 1, 2011. Computershare will replace BNY Trust Company of Canada, which will maintain its role as trustee of the fund until Aug. 31, 2011.
Click here for the release from Canada Newswire.