Income & Equity Index Participation Fund
TSX : IEP.UN

Income & Equity Index Participation Fund

December 19, 2006 12:20 ET

Income & Equity Index Participation Fund Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - Dec. 19, 2006) - Income & Equity Index Participation Fund (TSX:IEP.UN) reports the distribution to unitholders of record at the close of business on December 31, 2006 and payable January 15, 2006 is $0.075 Cdn per unit.

Throughout the month of November 2006, Income & Equity Index Participation Fund repurchased 70,500 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at December 14, 2006, Income & Equity's net asset value was $11.39 Cdn per unit. The portfolio currently consists of 17% oil and gas royalty trusts, 15% ongoing business trusts, 17% real estate investment trusts, 6% industrials, 15% energy & services, 4% materials, and 21% S&P/TSX 60 capped call option, and 5% cash and cash equivalents.

Contact Information

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