MIDDLEFIELD GLOBAL ENERGY TRANSITION CLASS (CAD) MAEC.CA

This fund is an actively managed equity strategy focused on the energy sector. It seeks to deliver a stable level of income plus long-term total return by investing primarily in dividend-paying companies globally that are involved in energy production, services or infrastructure.

It prioritizes firms that derive a meaningful share of their revenue from, or are investing in, products and services tied to the energy industry, and applies ESG (environmental, social, governance) criteria in its fundamental analysis (though ESG is not the primary selector).

The asset class is global energy-sector equities, emphasizing large and mid-capitalization firms in producers, infrastructure and service industries. The strategy typically holds around 30-40 securities, with concentrated exposure to energy producers and related infrastructure.

The fund is offered by Middlefield Limited, structured as an ETF series of the ActivEnergy Dividend Class. It changed its name from Middlefield Global Energy Transition Class in June 2024 when its mandate was updated to its current income-oriented, dividend-paying energy focus.