Flaherty & Crumrine Investment Grade Preferred Fund
TSX : FAC.UN

Flaherty & Crumrine Investment Grade Preferred Fund

October 20, 2005 16:40 ET

Flaherty & Crumrine Investment Grade Preferred Fund Declares Distributions

TORONTO, ONTARIO--(CCNMatthews - Oct. 20, 2005) - Flaherty & Crumrine Investment Grade Preferred Fund (TSX:FAC.UN) is pleased to announce distributions in the amount of $0.14583 per unit per month for record dates in October to December 2005 as follows:



Record Date Payment Date Amount
------------------------------------------------------

October 31, 2005 November 14, 2005 $0.14583
November 30, 2005 December 14, 2005 $0.14583
December 30, 2005 January 16, 2006 $0.14583


The Fund's Distribution Reinvestment Plan allows unitholders to automatically reinvest monthly distributions in additional units of the Fund. This feature provides unitholders with an excellent opportunity to benefit from reinvesting distributions in additional units. Please contact your investment advisor to enroll in the Plan.

For additional information, including the Fund's portfolio, please visit our website at www.bromptongroup.com.

Contact Information

  • Brompton Preferred Management Limited
    David E. Roode
    Senior Vice President
    (416) 642-6008