International Financial Income and Growth Trust
TSX : FIT.UN

January 04, 2008 17:04 ET

International Financial Income and Growth Trust-Special Capital Gains Distribution

BURLINGTON, ONTARIO--(Marketwire - Jan. 4, 2008) - AIC Limited today announced the finalized special capital gains distribution amount payable to investors of International Financial Income and Growth Trust (TSX:FIT.UN) (the "Trust") as at December 28, 2007. Unitholders of the Trust received a special capital gains distribution on December 31, 2007 in the aggregate amount of $0.668412 per unit. Such distribution was paid by way of units to all Unitholders, rather than by way of cash. Immediately following the unit distribution, outstanding units of the Trust were consolidated on the basis of one unit for every 1.0711 units outstanding, such that after the consolidation of units, 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.

Contact Information

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