DIVERSITRUST STABLE INCOME FUND

DIVERSITRUST STABLE INCOME FUND

March 22, 2005 13:20 ET

diversiTrust'TM' Stable Income Fund Announces Distribution


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DIVERSITRUST STABLE INCOME FUND

TSX SYMBOL: DTS.UN

MARCH 22, 2005 - 13:20 ET

diversiTrust'TM' Stable Income Fund Announces
Distribution

TORONTO, ONTARIO--(CCNMatthews - March 22, 2005) - diversiTrust™
Stable Income Fund ("the Fund")(TSX:DTS.UN), announces a monthly
distribution of $0.0625 per unit of the Fund (the "Trust Units"). The
distribution will be paid on April 14, 2005, to unitholders of record as
of March 31, 2005. This distribution represents an annualized yield of
6.26% based on a Trust Unit trading price of $11.98 as at March 21, 2005.

This closed-end Fund allows Unitholders to participate in returns on an
actively managed and diversified portfolio of business, utility, real
estate and resource trusts as well as other high-yielding securities.
The Fund has received a stability rating of SR-1 from S&P for the Units
based on the composition of the Fund's portfolio of income securities,
investment objectives, investment strategy and investment restrictions.
An SR-1 rating, S&P's highest available rating for income trusts
signifies S&P's assessment that the Units have the highest level of
distribution sustainability and the lowest level of distribution
variability in relation to other Canadian rated income trusts. As at
March 21, 2005 the net asset value was $12.51 per Trust Unit and the
closing trading price was $11.98 per Trust Unit (representing a discount
of 4.24% when measured against the net asset value per Trust Unit).

Goodman & Company, the Manager of the Fund, is a leader in the income
trust market, managing a broad range of core and specialized income
trust funds including Dynamic Focus+ Diversified Income Trust Fund,
Dynamic Focus+ Energy Income Trust Fund, Dynamic Focus+ Small Business
Fund, Dynamic Focus+ Real Estate Fund and Dynamic Focus+ Resource Fund.
Goodman & Company also manages diversiTrust™ Income Fund (DTF.un),
diversiTrust™ Income+ Fund (DTP.un) and diversiTrust™ Energy
Income Fund (DTN.un), other TSX-listed closed-end trusts.

Goodman & Company is a leading Canadian investment firm tracing its
portfolio management roots back over 45 years, with more than $15
billion in assets under management. Goodman & Company, including Dynamic
Mutual Funds and its affiliates, offers a wide range of wealth
management solutions through registered financial advisors, including
mutual funds; fee-based programs (Viscount and Marquis), limited
partnerships (CMP and Canada Dominion), a labour-sponsored fund, hedge
funds and high net-worth investment counsel (Goodman Private Wealth
Management). Goodman & Company, Investment Counsel Ltd. is a subsidiary
of Dundee Wealth Management Inc. (DW - TSX)

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Goodman & Company, Investment Counsel Ltd.
    Trevor Hampden
    (416) 365-5002
    www.diversitrust.com