Citadel SMaRT Fund

Citadel SMaRT Fund

August 23, 2006 09:30 ET

Citadel SMaRT Fund Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - Aug. 23, 2006) - Citadel SMaRT Fund (TSX:CRT.UN) reports the distribution to unitholders of record at the close of business on August 31, 2006 and payable on September 15, 2006 is $0.28 Cdn per unit.

Throughout the month of July 2006, Citadel SMaRT repurchased 4,900 units at an average price of $34.00 per unit under its mandatory repurchase program, which represented a discount to net asset value of 5.3%.

As at August 17, 2006, Citadel SMaRT's net asset value was $36.79 Cdn per unit. The current portfolio consists of 67% oil and gas royalty trusts, and 33% fixed portfolio.

Contact Information

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