Futuremed Healthcare Income Fund

Futuremed Healthcare Income Fund

January 20, 2006 13:09 ET

Futuremed Announces January 2006 Distribution

CONCORD, ONTARIO--(CCNMatthews - Jan. 20, 2006) - Futuremed Healthcare Income Fund (TSX:FMD.UN) today announced the initial monthly cash distribution, covering the period from January 6, 2006 to January 31, 2006, has been set at $0.0647 per unit.

January 6 was the date of completion of the initial public offering of the fund. The distribution will be paid on February 15, 2006, to unitholders of record as at January 31, 2006.

Subsequent regular distributions in the estimated amount of $0.0771 per unit are anticipated to be made hereafter, commencing March 15, 2006. The Fund's policy is to make monthly distributions to unitholders of record on the last business day of each month, to be paid on or about the 15th day following the end of the month.

Futuremed is Canada's leading value-added distributor of consumable nursing home supplies and specialized furniture and equipment to the growing long-term care facilities sector.

Contact Information

  • Futuremed Healthcare Income Fund
    Daniel Sacks, Vice President, Finance
    (905) 761-0068, ext. 2222
    Toll-free investor relations: 1-800-387-7025
    (905) 761-9929 (FAX)