Mulvihill Premium 60 Plus

Mulvihill Premium 60 Plus
Mulvihill Capital Management Inc.

Mulvihill Capital Management Inc.

March 02, 2005 16:03 ET

Mulvihill Premium 60 Plus Declares Quarterly Distribution


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MULVIHILL PREMIUM 60 PLUS

TSX SYMBOL: SIX.UN

MARCH 2, 2005 - 16:03 ET

Mulvihill Premium 60 Plus Declares Quarterly
Distribution

TORONTO, ONTARIO--(CCNMatthews - March 2, 2005) - Mulvihill Premium 60
Plus (the "Fund") (TSX:SIX.UN) has declared its quarterly distribution
of C$0.50 per Unit payable March 31, 2005 to unitholders of record as of
March 15, 2005.

The Fund's investment objectives are to provide Unitholders with a
stable stream of quarterly distributions of at least C$0.50 per Unit.
The Fund achieves its investment objectives by investing in a
diversified portfolio consisting principally of common shares issued by
corporations selected from the S&P/TSX 60 Index. The Fund may also, from
time to time, invest up to 20% of the cost amount of its assets in (i)
common shares issued by the top 60 corporations selected on the basis of
market capitalization from the S&P 100 Index or (ii) American Depository
Receipts ("ADR's") of the top 60 corporations selected on the basis of
market capitalization whose ADR's are trading on the New York Stock
Exchange or NASDAQ.

To generate additional returns above the dividend income earned on the
portfolio, the Fund may from time to time, write covered call options in
respect of all or part of the common shares in the Portfolio. In
addition, the Fund may write cash covered put options in respect of
securities in which the Fund is permitted to invest.

Unitholders of Mulvihill Premium 60 Plus may elect to have their
distributions reinvested into additional Units by enrolling in the
Fund's Distribution Reinvestment Plan. Unitholders may enroll in the
Plan by contacting their investment advisor.

The Fund's investment portfolio is managed by its investment manager,
Mulvihill Capital Management Inc. Fund Units are listed on The Toronto
Stock Exchange under the symbol SIX.UN.



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Distribution Details :
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Distribution per Unit: $0.50
Payable Date: March 31, 2005
Record Date: March 15, 2005
Ex-Dividend Date: March 11, 2005
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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Mulvihill Structured Products
    John Mulvihill
    President & CEO
    (416) 681-3966 or (800) 725-7172
    or
    Mulvihill Structured Products
    Bruce Graham
    Vice President
    (416) 681-3966 or (800) 725-7172
    www.mulvihill.com
    hybrid@mulvihill.com
    A member of the Mulvihill Capital Management Inc. Group of Funds