Citadel SMaRT Fund

Citadel SMaRT Fund

April 22, 2008 09:30 ET

Citadel SMaRT Fund Announces Distribution

CALGARY, ALBERTA--(Marketwire - April 22, 2008) - Citadel SMaRT Fund (TSX:CRT.UN) reports the cash distribution to unitholders of record at the close of business on April 30, 2008 and payable on May 15, 2008 is $0.28 Cdn per unit.

Throughout the month of March 2008, Citadel SMaRT repurchased 1,100 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at April 17, 2008, Citadel SMaRT's net asset value was $28.81 Cdn per unit. The current portfolio consists of 53% oil and gas royalty trusts, 45% fixed portfolio, and 2% cash and cash equivalents.

Contact Information

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