Citadel HYTES Fund

Citadel HYTES Fund

March 22, 2005 09:30 ET

Citadel HYTES Announces Distribution and Top Ten Holdings


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CITADEL HYTES FUND

TSX SYMBOL: CHF.UN

MARCH 22, 2005 - 09:30 ET

Citadel HYTES Announces Distribution and Top Ten
Holdings

CALGARY, ALBERTA--(CCNMatthews - March 21, 2005) - Citadel HYTES Fund
(TSX:CHF.UN) reports the distribution to unitholders of record at the
close of business on March 31, 2005 and payable on April 7, 2005 is
$0.26 Cdn per unit.

As at March 17, 2005, Citadel HYTES's net asset value was $35.76 Cdn per
unit. The current portfolio consists of 35% income funds, 32% oil and
gas royalty trusts, 9% real estate investment trusts, 8% utility and
infrastructure and 16% cash and cash equivalents.



Top Ten Holdings at March 17, 2005:

1) ARC Energy Trust
2) Vermilion Energy Trust
3) Davis & Henderson Income Fund
4) TransForce Income Fund
5) Energy Savings Income Fund
6) Superior Plus Income Fund
7) Paramount Energy Trust
8) Enerplus Resource Fund
9) Shiningbank Energy Income Fund
10) Brick Group Income Fund



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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Citadel HYTES Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    www.citadelfunds.com.