Capital Gains Income Streams

Capital Gains Income Streams

February 22, 2007 14:12 ET

Capital Gains Income STREAMS Financial Results to November 30, 2006

TORONTO, ONTARIO--(CCNMatthews - Feb. 22, 2007) - Capital Gains Income STREAMS Corporation ("CGQ STREAMS") today announced its annual financial results for the year ending November 30, 2006.

The net asset value per unit (one Capital Yield share and one Equity Dividend share) increased by $1.08 per unit to $35.14 (after all Preferred share distributions) as at November 30, 2006. The Managed Portfolio per unit was $16.40 as at November 30, 2006.

During the year, Equity Dividend shareholders received distributions at the 7% annualized rate. Capital Yield shareholders did not receive distributions under the variable distribution program as a result of the minimum managed portfolio threshold of $18 per unit not being achieved in any month during the year. Since inception of Capital Gains Income STREAMS Equity Dividend shareholders have received a total of $6.02 per share, and the Capital Yield shareholders have received a total of $4.17 per share in distributions to November 30, 2006.

GQ STREAMS is a mutual fund corporation that invests in a diversified portfolio consisting principally of common shares issued by corporations whose shares are included in the S&P 500 and the S&P/TSE 60 Index.

Selected Financial Information from the Semi-annual Statement of Financial
For the year ending November 30, 2006 ($ Millions)


Income .696

Expenses (1.539)

Net investment income (loss) (.843)

Realized option premiums and gain on sale of investments 5.013

Change in unrealized appreciation (depreciation) on
investments/forward agreements (.028)

Increase in net assets from operations before distributions 4.142

Comparative financial information is available in documents filed on

Contact Information

  • Capital Gains Income STREAMS Corporation
    Investor Relations
    (416) 304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)