Equal Weight Plus Fund

Equal Weight Plus Fund

March 23, 2009 15:38 ET

Equal Weight Plus Fund Announces Distribution

CALGARY, ALBERTA--(Marketwire - March 23, 2009) - Equal Weight Plus Fund (TSX:EQW.UN) reports that due to the distribution cuts by many of the income trusts in the portfolio, the Fund's monthly distribution has been reduced from $0.07 per unit to $0.045 per unit. Unitholders of record at the close of business on March 31, 2009 will be paid the distribution of $0.045 per unit on April 15, 2009.

Throughout the month of February 2009, there were no Equal Weight unit repurchases.

As at March 19, 2009, Equal Weight Plus Fund's net asset value was $3.45 Cdn per unit. The portfolio currently consists of 37% oil and gas royalty trusts, 15% ongoing business trusts, 19% real estate investment trusts, 4% industrials, 20% energy & services, 2% materials, and 3% cash and cash equivalents.

Contact Information

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