Mulvihill Premium Global Plus

Mulvihill Premium Global Plus
Mulvihill Capital Management Inc.

Mulvihill Capital Management Inc.

March 02, 2005 16:03 ET

Mulvihill Premium Global Plus Declares Quarterly Distribution


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MULVIHILL PREMIUM GLOBAL PLUS

TSX SYMBOL: GIP.UN

MARCH 2, 2005 - 16:03 ET

Mulvihill Premium Global Plus Declares Quarterly
Distribution

TORONTO, ONTARIO--(CCNMatthews - March 2, 2005) - Mulvihill Premium
Global Plus (the "Fund") (TSX:GIP.UN) has declared its quarterly
distribution of C$0.35 per Unit payable March 31, 2005 to unitholders of
record as of March 15, 2005.

The Fund invests in a diversified portfolio consisting principally of
common shares issued by corporations selected from the Standard & Poor's
100 Index, and the top 100 corporations whose American Deposit Receipts
are trading on the New York Stock Exchange or NASDAQ. In addition, in
order to provide further global investment opportunities, the Fund may,
from time to time, invest up to a maximum of 25% of its net asset value
in World Equity Benchmark Shares that seek to provide investment results
that track the performance of a specific country index compiled by
Morgan Stanley Capital International Inc. 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 Global Plus may elect to have their
distributions re-invested 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 GIP.UN.



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Distribution Details :
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Distribution per Unit: $0.35
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
    hybrid@mulvihill.com
    www.mulvihill.com
    A member of the Mulvihill Capital Management Inc. Group of Funds