Crow Point Global Dividend Plus Fund
If you do not want to sell your shares at this time, please disregard this notice. This is simply notification of the Fund's tender offer. |
October 4, 2016
Dear Crow Point Global Dividend Plus Fund Investor:
The Crow Point Global Dividend Plus Fund (the “Fund”) is a closed-end fund which offers shares that do not have daily liquidity. To provide shareholders with periodic liquidity, the Fund offers aquarterly share repurchase program which enables investors to sell shares at Net Asset Value (“NAV”) on a specific repurchase date. We have outlined important dates below related to the tender offer by the Crow Point Global Dividend Plus Fund.
If you are not interested in selling your shares of beneficial interest of the Fund (the "Shares") at this time, please disregard this notice and take no action.
The tender offer period will begin on October 4, 2016 and end on October 31, 2016, and any Shares tendered to the Fund will be valued on September 26, 2016 for purposes of calculating the purchase price of such Shares. The purpose of the tender offer is to provide liquidity to investors of the Fund. Fund Shares can be redeemed by means of a tender offer only during one of the Fund's announced tender offers. There can be no assurance that the Fund will be able to repurchase all the shares that you tender even if you tender all the shares that you own.
Should you wish to sell any of your Shares during this tender offer period, please complete and return the enclosed Letter of Transmittal (the last page will suffice) to the Fund's Administrator, Gemini Fund Services, LLC ("Gemini"), either in the enclosed postage-paid envelope or by fax, or work with your registered investment advisor, broker-dealer or other intermediary (collectively “Investment Advisor”) to convey the Letter of Transmittal to Gemini.
All requests to tender Shares must bereceived by Gemini, whether sent directly or through your Investment Advisor, either by mail or by fax, in good order, by October 31, 2016.If you elect to tender, please confirm receipt of the Letter of Transmittal by Gemini by calling the Fund at 1-855 282-1100 or working with your Investment Advisor to contact Gemini.Please allow 48 hours for your Letter of Transmittal to be processed prior to contacting Gemini, whether sent directly or through your Investment Advisor, to confirm receipt.If you fail to confirm receipt of your Letter of Transmittal by Gemini, there can be no assurance that your tender has been received by the Fund.
If you have any questions, please refer to the attached Offer to Purchase document, which contains additional important information about the tender offer, or call the Fund at 1-855 282-1100.
Sincerely,
Crow Point Global Dividend Plus Fund