Series S-1 Income Fund

Series S-1 Income Fund

January 23, 2007 09:30 ET

Series S-1 Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Jan. 23, 2007) - Series S-1 Income Fund (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on January 31, 2007 and payable on February 15, 2007 is $0.075 Cdn per unit.

Throughout the month of December 2007, Series S-1 repurchased 129,200 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 18, 2007, Series S-1's net asset value was $10.14 Cdn per unit. The current portfolio consists of 30% ongoing business trusts, 23% power generation funds, 14% oil and gas royalty trusts, 16% real estate investment trusts, 13% pipeline and energy distribution funds and 2% cash and cash equivalents.

Top Ten Holdings at January 18, 2007:

1) Dundee Reit
2) Fort Chicago Energy Partners
3) Inter Pipeline Fund
4) Boralex Power Income Fund
5) TransAlta Power L.P
6) Algonquin Power Income Trust
7) Consumers Waterheater Income Fund
8) Yellow Pages Income Fund
9) Innvest Reit
10) Keyera Facilities Income Fund

Contact Information

  • Series S-1 Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing