Income & Equity Index Participation Fund
TSX : IEP.UN

Income & Equity Index Participation Fund

January 23, 2008 09:30 ET

Income & Equity Index Participation Fund Announces Distribution

CALGARY, ALBERTA--(Marketwire - Jan. 23, 2008) - Income & Equity Index Participation Fund (TSX:IEP.UN) reports the distribution to unitholders of record at the close of business on January 31, 2008 and payable February 15, 2008 is $0.075 Cdn per unit.

Throughout the month of December 2007, Income & Equity Index Participation Fund repurchased 54,500 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 21, 2008, Income & Equity's net asset value was $9.76 Cdn per unit. The portfolio currently consists of 17% oil and gas royalty trusts, 16% ongoing business trusts, 10% real estate investment trusts, 8% industrials, 15% energy & services, 5% materials, 25% S&P/TSX 60 capped call option, and 4% cash and cash equivalents.

Contact Information

  • Income & Equity Index Participation Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: www.citadelfunds.com