International Financial Income and Growth Trust
TSX : FIT.UN

December 17, 2007 17:43 ET

International Financial Income and Growth Trust-Special Capital Gains Distribution

BURLINGTON, ONTARIO--(Marketwire - Dec. 17, 2007) - AIC Limited today announced that Investors who hold International Financial Income and Growth Trust (TSX:FIT.UN) (the "Trust") as at December 28, 2007 will receive a special capital gains distribution on December 31, 2007 in the aggregate amount of approximately $0.66 per unit. Such distribution will be paid by way of units to all Unitholders, rather than by way of cash. Immediately following the unit distribution, outstanding units will be consolidated such that the number of units outstanding will be equal to the number of units outstanding immediately prior to the unit distribution. After the unit distribution and subsequent consolidation, each Unitholder will hold the same number of units as they held before the non-cash distribution. However, the adjusted cost base of the units held by each Unitholder will increase by the amount of the special capital gains distribution. The actual amount of the special capital gains distribution and the consolidation ratio of units will be announced by way of press release on or about January 7, 2008.

Contact Information

  • AIC Limited
    Client Service Department
    1-800-263-2144