Mulvihill Premium Global Plus
TSX : GIP.UN

Mulvihill Premium Global Plus

June 05, 2007 16:03 ET

Mulvihill Premium Global Plus Declares Quarterly Distribution

TORONTO, ONTARIO--(Marketwire - June 5, 2007) - Mulvihill Premium Global Plus (the "Fund") (TSX:GIP.UN) has declared its quarterly distribution of C$0.35 per unit payable June 29, 2007 to unitholders of record as of June 15, 2007.

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: June 29, 2007
Record Date: June 15, 2007
Ex-Dividend Date: June 13, 2007
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A member of the Mulvihill Capital Management Inc. Group of Funds.

Contact Information

  • Mulvihill Structured Products
    John Mulvihill
    President & CEO
    (416) 681-3966 or Toll Free: 1-800-725-7172
    or
    Mulvihill Structured Products
    Don Biggs
    Senior Vice President
    (416) 681-3966 or Toll Free: 1-800-725-7172
    Email: hybrid@mulvihill.com
    Website: www.mulvihill.com