O Canada! Use this trust to play the country’s strong economic outlook
A 21% discount to NAV (net asset value) Middlefield Canadian Income Trust (MCT) presents exciting potential upside for investors. Focused on generating high income from great Canadian businesses, this trust has faced a headwind from rising rates and has posted a negative one-year share price total return of 12.6%.However, the fund has returned 32.4% over five years and managers Dean Orrico and Rob