Coxe Global Agribusiness Income Fund

Coxe Global Agribusiness Income Fund

June 27, 2013 08:00 ET

Coxe Global Agribusiness Income Fund Announces Annual Indicative Distribution Amount

TORONTO, ONTARIO--(Marketwired - June 27, 2013) - COXE GLOBAL AGRIBUSINESS INCOME FUND (TSX:CAG.UN) (the "Fund") announced today that, based upon the prevailing market conditions and the estimate by the Investment Manager, Harris Investment Management Inc., and the Option Advisor, Connor, Clark & Lunn Capital Markets Inc., of distributable cash flow for the up-coming year, the annual indicative distribution amount of the Fund for the up-coming year will continue to be $0.50 per unit.

The Fund does not have a fixed distribution policy, and will make formal distribution announcements on a quarterly basis. The amount of distributions may fluctuate from quarter to quarter and there can be no assurance that the Fund will make any distribution in any particular quarter or quarters or that the indicative distribution target will be met.

Further information about the Fund can be found at under "Closed-End Funds".

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities of the Fund offered have not been registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold in the United States or to a U.S. person absent registration under the 1933 Act or an applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws.

Contact Information

  • BMO Capital Markets