Equal Weight Plus Fund

Equal Weight Plus Fund

October 23, 2006 09:30 ET

Equal Weight Plus Fund Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - Oct. 23, 2006) - Equal Weight Plus Fund (TSX:EQW.UN) reports the distribution to unitholders of record at the close of business on October 31, 2006 and payable on November 15, 2006 is $0.07 Cdn per unit.

Throughout the month of September 2006, Equal Weight repurchased 10,500 units at an average price of $8.79 per unit under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at October 19, 2006, Equal Weight Plus Fund's net asset value was $9.05 Cdn per unit. The portfolio currently consists of 21% oil and gas royalty trusts, 17% ongoing business trusts, 17% real estate investment trusts, 12% industrials, 18% energy & services, 4% materials, 9% Citadel Funds, and 2% cash and cash equivalents.

Contact Information

  • Equal Weight Plus Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    Website: www.citadelfunds.com