NEW.A.CA Profile & Description — NewGrowth Corp
NewGrowth is a mutual fund corporation. Co. provides holders of class A capital shares with leveraged capital appreciation in the portfolio and a dividend to the extent that dividends and distributions on the portfolio shares exceed the fixed dividend payable on the series 2 preferred shares and the administrative and operating expenses of Co; and holders of series 2 preferred shares with a quarterly fixed cumulative preferential dividend of C$0.2055 per share. As of June 26 2011, Co. had total assets of C$118,873,555 and total investments at fair value of C$117,781,560.