Citadel SMaRT Fund

Citadel SMaRT Fund

March 23, 2006 09:30 ET

Citadel SMaRT Fund Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - March 23, 2006) - Citadel SMaRT Fund (TSX:CRT.UN) reports the distribution to unitholders of record at the close of business on March 31, 2006 and payable on April 17, 2006 is $0.28 Cdn per unit.

Throughout the month of February 2006, Citadel SMaRT repurchased 6,000 units at an average price of $35.71 per unit under its mandatory repurchase program when the fund traded at a discount greater than 5%.

As at March 16, 2006, Citadel SMaRT's net asset value was $36.23 Cdn per unit. The current portfolio consists of 66% oil and gas royalty trusts, 33% fixed portfolio, and 1% cash and cash equivalents.

Contact Information

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