Citadel Income Fund Offers Annual Unit Redemption Opportunity

Author: Logan Wright Updated: 09-26-2025 04:18 PM

Citadel Income Fund's Annual Redemption Announcement

Citadel Income Fund (TSX – CTF.UN) is excited to inform all unitholders about an excellent opportunity to redeem up to 284,514 units, also referred to as the “Units.” This decision provides a great chance for investors to manage their holdings and optimize their investment strategies.

Key Redemption Details

The annual redemption date is scheduled for a day in late November. On this date, the units will be redeemed at a value determined by the net asset value, deducting a redemption fee that amounts to 5% of the net asset value. This structure is part of the Fund’s governance and can be found in the declaration of trust, accessible via the Fund's profiles.

Instructions for Unitholders

To ensure a smooth redemption process, unitholders must send a redemption notice to their brokers well in advance. The deadline for this notice to be finalized with the Fund’s transfer agent is specified. This step is crucial for anyone looking to partake in the redemption process, and unitholders should reach out to their brokers for any clarifications regarding submission.

Distribution Information

Units that are submitted for redemption will still qualify to receive the distribution scheduled for October. This distribution has a payment date set later in November, ensuring that participating unitholders benefit from any distributions prior to their redemption transactions.

Redemption Pricing and Payment Timelines

Around the beginning of December, the Fund will communicate the final redemption pricing for the eligible units. It is expected that all redemption proceeds will be disbursed to unitholders well before the month ends, facilitating a prompt financial adjustment for those who choose to redeem their units.

Contact Information

For any additional details or inquiries regarding the redemption process, unitholders can connect with Artemis Investment Management Limited, which oversees the Fund. They can be reached at the contact number provided or via email. Furthermore, the Fund’s official website offers comprehensive information and updates.

Frequently Asked Questions

What is the annual redemption opportunity for Citadel Income Fund?

The Fund allows unitholders to redeem up to 284,514 units on a designated redemption date.

How are the redemption prices determined?

Redemption prices are based on the net asset value, minus a 5% redemption cost.

What is the deadline for submitting a redemption notice?

Unitholders must send their notification to their brokers well before the cutoff time for submission.

Will unitholders receive any distributions if they redeem their units?

Yes, units submitted for redemption are eligible for the October distribution.

How can unitholders get more information about the process?

Unitholders can contact Artemis Investment Management Limited or visit their official website for further details.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

Contact Logan Wright privately here. Or send an email with ATTN: Logan Wright as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.