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Canso Select Opportunities Fund to terminate May 15, 2026, as tax benefits diminish.

Company Fundamentals
15 May 2026
GlobeNewsWire
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Neutral
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Canso Select Opportunities Corporation announced that its wholly owned trust, Canso Select Opportunities Fund, will terminate on May 15, 2026. The Fund was maintained primarily to utilize tax loss carry forwards to shelter taxable gains, but with diminishing tax benefits, the trustees decided to wind it up. Upon termination, remaining assets and liabilities will be transferred to Canso Select Opportunities Corporation. This marks the end of the Fund's transitional period initially disclosed in 2018, reflecting a strategic shift as tax advantages no longer justify maintaining the Fund.

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