Income & Equity Index Participation Fund
TSX : IEP.UN

Income & Equity Index Participation Fund

May 20, 2005 16:11 ET

Income & Equity Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - May 20, 2005) - Income & Equity Index Participation Fund (TSX:IEP.UN) reports the distribution to unitholders of record at the close of business on May 31, 2005 and payable June 15, 2005 is $0.070 Cdn per unit.

As at May 19, 2005, Income & Equity's net asset value was $10.48 Cdn per unit. The portfolio currently consists of 25% ongoing business trusts, 23% oil and gas royalty trusts, 17% real estate investment trusts, 9% industrial, utilities and infrastructure funds, 8% power generation funds, 5% long life resource funds, 13% S&P/TSX 60 capped call option and 0% cash and cash equivalents.

Contact Information

  • Income & Equity Index Participation Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: http://www.citadelfunds.com