Citadel SMaRT Fund

Citadel SMaRT Fund

November 22, 2007 09:30 ET

Citadel SMaRT Fund Announces Distribution

CALGARY, ALBERTA--(Marketwire - Nov. 22, 2007) - Citadel SMaRT Fund (TSX:CRT.UN) reports the cash distribution to unitholders of record at the close of business on November 30, 2007 and payable on December 14, 2007 is $0.28 Cdn per unit.

Throughout the month of October 2007, Citadel SMaRT repurchased 8,400 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at November 14, 2007, Citadel SMaRT's net asset value was $26.86 Cdn per unit. The current portfolio consists of 52% oil and gas royalty trusts, 47% fixed portfolio, and 1% cash and cash equivalents.

Contact Information

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