Flaherty & Crumrine Investment Grade Preferred Fund

Flaherty & Crumrine Investment Grade Preferred Fund

October 19, 2006 12:26 ET

Flaherty & Crumrine Investment Grade Preferred Fund Declares Distributions

TORONTO, ONTARIO--(CCNMatthews - Oct. 19, 2006) - Flaherty & Crumrine Investment Grade Preferred Fund (TSX:FAC.UN) is pleased to announce distributions in the amount of $0.13333 per unit per month for record dates in October to December 2006 as follows:

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

October 31, 2006 November 14, 2006 $0.13333
November 30, 2006 December 14, 2006 $0.13333
December 29, 2006 January 15, 2007 $0.13333

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 enrol in the Plan.

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

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contact Information

  • Brompton Funds Management Limited
    David E. Roode
    Senior Vice President
    (416) 642-6008
    Website: www.bromptongroup.com