HughesLittle
Investment Management Ltd.

We are an employee owned investment management firm based in Vancouver, BC.  We offer two pooled funds and segregated portfolio management services for individuals, corporations, foundations and pension plans.  The firm started in 2005.

Updates

HughesLittle Value Fund - Additional valuation date on June 24th, 2024 for the proposed changes to capital gains inclusion rate
To accommodate Unitholders who want to make redemptions before the change to the capital gains inclusion rate, we are adding an extra valuation date on June 24th, 2024 for the HughesLittle Value Fund.

Written and signed instructions to do transactions must be received no later than Monday, June 24, 2024. Please contact us if you have any questions.
2023 Tax Slips
Please note that all 2023 T3 supplementary slips for Value Fund have been sent out.

Any Quebec slips for Quebec residents will be distributed after the next tax software update on March 1st.

All RRSP and RRIF tax slips for Balanced Fund will be prepared by Olympia Trust and will be made available on their online portal.
RRSP and RRIF Tax slips
Olympia Trust will not be mailing out tax slips. You can retrieve the slips by logging into the Olympia Client Portal,
selecting Forms and Resources and then selecting Tax Forms.
Olympia Trust redemptions and withdrawals (for Balanced Fund)
Olympia Trust takes 7 - 10 business days after the valuation date to deliver the funds by direct deposits to clients. Kindly allow more time if withdrawals are requested by cheque. Olympia Trust will charge a fee for issuing cheques. Depending on the withdrawal amount, Olympia Trust may call clients for confirmation before they release the funds.

Contact us if you have any questions. Fee schedule for Olympia Trust can be found here.
Olympia Trust Annual Administration Fees
Clients may have received an email from Olympia Trust about Annual Admin fee due for RRSP accounts. Please note that Olympia's system automatically charges the fee to all accounts and sends out an automated email to all account holders. These fees are paid on your behalf by the HughesLittle Balanced Fund and have been reversed by Olympia.
Purchasing Units
Value Fund's custodian, RBC Investor Services, are accepting both wire transfers and cheques of up to $250,000. For more information please click here.

Balanced Fund's custodian, Olympia Trust, is now accepting online contributions through their client portal.

Contact us for instructions for wire transfers or online contributions.
Fake Job Posting Alert
It has come to our attention that scammers are using our company name on job postings. Please note that there are no job openings at the moment. We urge job seekers to inspect email domains and stay alerted.
Conflict of Interest Disclosure
Our Conflict of Interest disclosure has been updated.

Conflict of Interest Disclosure
Client Complaints Disclosure
Olympia Trust Annual Statements
Olympia Trust has sent out the 2023 Annual Statements for your registered accounts (RRSP/RRIF). We noticed a few things about their annual statement:

1) The period covered is from January 1, 2023 to January 15, 2024
2) The Market Value of the account is based on the unit price as of January 15, 2024 ($17.64); and
3) You may also see a small positive cash balance available in your account. This is due to pending charges from Olympia for fees that the HughesLittle Balanced Fund paid on your behalf.

We have advised Olympia about the above issues.
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