Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

March 22, 2005 09:30 ET

Citadel Diversified Announces Distributions and Top Ten Holdings


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CITADEL DIVERSIFIED INVESTMENT TRUST

TSX SYMBOL: CTD.UN

MARCH 22, 2005 - 09:30 ET

Citadel Diversified Announces Distributions and Top
Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - March 22, 2005) - Citadel Diversified
Investment Trust (TSX:CTD.UN) reports the distribution to unitholders of
record at the close of business on March 31, 2005 and payable on April
15, 2005 is $0.08 Cdn per unit.

The Trust's net asset value as at March 17, 2005 was $12.01 Cdn per
unit. The current portfolio consists of 37% income funds, 21% oil and
gas royalty trusts, 6% real estate investment trusts, 13% pipeline and
energy distribution funds, 4% power generation funds and 19% cash and
cash equivalents.



Top Ten Holdings at March 17, 2005:

1) ARC Energy Trust
2) Energy Savings Income Fund
3) TransForce Income Fund
4) Brick Group Income Fund
5) Paramount Energy Trust
6) KCP Income Fund
7) Acclaim Energy Trust
8) CCS Income Trust
9) Gateway Casinos Income Fund
10) CML Healthcare Income Fund


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Citadel Diversified Management Ltd.
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Email: info@citadelfunds.com
    Website: www.citadelfunds.com