Front Street re-opens the MLP Income Fund II

Front Street Capital is re-opening the Front Street MLP Income Fund II, effective October 11. The fund will close again on October 18.

“We’re tremendously excited about the re-launch of the Front Street MLP Income Fund II for Canadian investors,” said Gary Selke, CEO of Front Street Capital. “We understand the importance of infrastructure in meeting the needs of bringing new U.S. energy to market. The Front Street MLP Income Fund II offers exposure to the growing U.S. energy pipeline industry, and is poised to provide inflation-protected, high levels of cash distributions.”

The fund provides tax-efficient exposure to an actively managed, diversified portfolio of U.S. energy infrastructure Master Limited Partnerships (MLPs). The fund will provide quarterly cash distributions and long-term capital appreciation, and will be offered in both Canadian (Series C) and U.S. dollars (Series U).

The Front Street MLP Income Fund focuses on pipelines that generate predictable and growing cash flows (and therefore distributions) based on: long-lived, high-value physical assets; U.S. producer price index (“PPI”) revenue indexing, which mitigates impact from inflation; substantial barriers to entry, which generate attractive organic investment opportunities; and strong operating leverage through hard assets that magnify inelastic demand.

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