Income & Equity Index Participation Fund
TSX : IEP.UN

Income & Equity Index Participation Fund

November 20, 2008 09:30 ET

Income & Equity Index Participation Fund Announces Distribution

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2008) - Income & Equity Index Participation Fund reports the distribution to unitholders of record at the close of business on November 30, 2008 and payable December 15, 2008 is $0.075 Cdn per unit.

Throughout the month of October 2008, Income & Equity Index Participation Fund repurchased 45,600 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at November 18 2008, Income & Equity's net asset value was $6.42 Cdn per unit. The portfolio currently consists of 15% oil and gas royalty trusts, 16% ongoing business trusts, 12% real estate investment trusts, 10% industrials, 17% energy & services, 3% materials, 20% S&P/TSX 60 capped call option, and 7% cash and cash equivalents.

Contact Information

  • Income & Equity Index Participation Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing (East)
    1-877-261-9674
    or
    Income & Equity Index Participation Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region
    1-866-936-7880
    Website: www.citadelfunds.com