Energy Plus Income Trust

Energy Plus Income Trust

March 23, 2006 09:30 ET

Energy Plus Income Trust Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - March 23, 2006) - Energy Plus Income Trust (TSX:EPF.UN) reports the distribution to unitholders of record at the close of business on March 31, 2006 and payable April 17, 2006 is $0.10 Cdn per unit.

Throughout the month of February 2006, Energy Plus Fund repurchased 29,900 units at an average price of $11.27 per unit under its mandatory repurchase program when the fund traded at a discount greater than 5%.

As at March 16, 2006, the Fund's net asset value was $11.83 Cdn per unit. The current portfolio consists of 70% oil & gas royalty trusts, 10% oil & gas service trusts, 19% energy corporations and 1% cash and cash equivalents.

Contact Information

  • Energy Plus Income Trust
    Joe MacDonald
    Executive Vice President, Sales and Marketing