Citadel HYTES Fund

Citadel HYTES Fund

March 20, 2008 09:30 ET

Citadel HYTES Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - March 20, 2008) - Citadel HYTES Fund ("Citadel HYTES" of the "Fund") (TSX:CHF.UN) reports the distribution to unitholders of record at the close of business on March 31, 2008 and payable on April 7, 2008 is $0.14 Cdn per unit.

Throughout the month of February 2008, Citadel HYTES repurchased 41,100 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at March 13, 2008, Citadel HYTES's net asset value was $14.59 Cdn per unit. The current portfolio consists of 37% oil and gas royalty trusts, 38% income funds, 8% real estate investment trusts, and 17% utility and infrastructure.

Top Ten Holdings at March 18, 2008:

1) Enerplus Resources
2) Vermilion Energy Trust
3) ARC Energy Trust
4) NAL Oil & Gas Trust
5) IBI Income Fund
6) Medical Facilities Corporation
7) Rogers Sugar Income Fund
8) Fort Chicago Energy Partners
9) Keyera Facilities Income Fund
10) Bonavista Energy Trust

Contact Information

  • Citadel HYTES Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing