Healthcare Special Opportunities Fund Announces New Distribution Policy

TORONTO, ONTARIO--(Marketwired - June 21, 2017) -

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LDIC Inc. (the "Manager"), the manager of Healthcare Special Opportunities Fund (TSX:MDS.UN) (the "Fund"), a closed-end investment fund, is pleased to announce that it has adopted a distribution policy on behalf of the Fund pursuant to which the Fund will commence making quarterly distributions on its Class A units and Class U units in the third quarter of 2017. Initially, the distributions will be at the rate of 2% per annum calculated on the basis of the net asset value of the relevant class of units of the Fund as at the end of the preceding quarter. The distribution rate will be reviewed annually by the Manager.