Citadel SMaRT Fund
TSX : CRT.UN

Citadel SMaRT Fund

May 29, 2006 13:00 ET

Citadel SMaRT Fund: Summary of Investment Portfolio as at March 31, 2006

CALGARY, ALBERTA--(CCNMatthews - May 29, 2006) - Citadel SMaRT Fund (TSX:CRT.UN):



SUMMARY OF INVESTMENT PORTFOLIO
As at March 31, 2006 (unaudited)

Net Assets: $108,189,934

Portfolio by Sector % of Net Assets
------------------------------------------------------------------------
Oil & Gas Royalty Trusts 65.34%
Forward Agreement 34.22%
Citadel SMaRT units (repurchased for cancellation) 0.04%
Cash and Term Deposits 0.87%
Liabilities, net of other assets (0.47%)
------------------------------------------------------------------------
Total Net Assets 100.00%
------------------------------------------------------------------------


Top Holdings
ARC Energy Trust 10.37%
Vermillion Energy Trust 9.03%
Canetic Resources Trust 8.50%
Enerplus Resources Fund 6.93%
Shiningbank Energy Income Fund 6.79%
Paramount Energy Trust 6.54%
NAL Oil & Gas Trust 6.35%
Petrofund Energy Trust 5.66%
Harvest Energy Trust 4.20%
Bonavista Energy Trust 0.96%


The summary of investment portfolio may change due to ongoing portfolio transactions. Quarterly updates of the investment portfolio are available at www.citadelfunds.com.

Contact Information

  • Citadel SMaRT Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: www.citadelfunds.com