Citadel HYTES Fund
TSX : CHF.UN

Citadel HYTES Fund

March 05, 2009 18:00 ET

Citadel HYTES Fund 2008 Income Tax Information

CALGARY, ALBERTA--(Marketwire - March 5, 2009) - The following information is intended to assist holders of units of Citadel HYTES Fund (TSX:CHF.UN) (the "Trust") in the preparation of their 2008 income tax return. This summary table below is directed to a unitholder who, for the purposes of the Income Tax Act (Canada) is a resident of Canada and holds the units as capital property.



Non- Return Total
Record Eligible Eligible Capital of Distri-
Date Pay Date Income Dividends Dividends Gain Capital bution

31-Jan-07 7-Feb-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
29-Feb-08 7-Mar-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
31-Mar-08 7-Apr-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
30-Apr-08 7-May-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
31-May-08 6-Jun-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
30-Jun-08 8-Jul-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
31-Jul-08 8-Aug-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
31-Aug-08 8-Sep-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
30-Sep-08 7-Oct-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
31-Oct-08 7-Nov-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
30-Nov-08 5-Dec-08 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
31-Dec-08 8-Jan-09 $ 0.08393 $ 0.00937 $ 0.00024 $0.02816 $0.01830 $0.14000
--------------------------------------------------------
$ 1.00716 $ 0.11244 $ 0.00288 $0.33792 $0.21960 $1.68000
--------------------------------------------------------
--------------------------------------------------------


Each unitholder will receive a T3 supplementary slip for 2008 that will indicate the amount of "Other Income" - Box 26 ,"Eligible Dividends" - Box 49, "Non-Eligible Dividends" -Box 23 and "Capital Gains" - Box 21 that are to be included in their tax return. The dividends will be subject to the gross-up and federal dividend tax credit rules. The T3 supplementary slips are prepared by Computershare Trust Company of Canada and/or investment dealers. Unitholders are advised to contact their investment dealer directly if they do not receive their T3 supplementary slip.

The "Return of Capital" (Box 42) is a non-taxable amount and will reduce the Adjusted Cost Base of the units held by the unitholder.

If the units were held within a RRSP, DPSP, or RRIF, then no T3 slip will be received and no amount would be required to be reported on the unitholder's personal tax return.

Contact Information

  • Citadel HYTES Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    or
    Citadel HYTES Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region
    1-866-936-7880
    Website: www.citadelfunds.com