Q. Have all the assets of Sage now been sold? When will the company be wound up?
A. Yes, all of the assets have now been sold. The final redemption of shares occurred on January 28, 2025. The Sage office will close in Spring 2026 and the company will be dissolved after all mandatory filings are completed.
Q. Will Sage be sending out a T5 Slip for my share redemptions? How do I get historical information on my CEF investment?
A. As this is a share redemption and not a dividend, there will be no T5 Slip, nor will any other tax slip or summary of investment be issued. Unfortunately, Sage was not provided with historical value of shareholder’s LCC Church Extension Fund original deposits or details of payments made to shareholders through the CEF (or other agencies) and so cannot provide a detailed account by shareholder. Please contact your tax advisor or accountant if you require assistance for tax reporting purposes. Historical share statements for holdings with Sage from 2016 to 2025 are available from the office upon request.