MHH 0.00% $1.78 magellan high conviction trust

Greetings. Would someone be kind enough to explain the...

  1. 20 Posts.
    Greetings. Would someone be kind enough to explain the announcement a bit more. I recognise its not a final announcement yet, but am curious on what is the anticipated play to existing holdings, i.e. unitholders' will be able to apply for and redeem units directly with Magellan. Does this mean 'convert' MHH to MFG (which I've held for a long time)? or would there be potential other options?
 
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