Income & Equity Index Participation Fund
TSX : IEP.UN

Income & Equity Index Participation Fund

September 20, 2007 09:30 ET

Income & Equity Index Participation Fund Announces Distribution

CALGARY, ALBERTA--(Marketwire - Sept. 20, 2007) - Income & Equity Index Participation Fund (TSX:IEP.UN) reports the distribution to unitholders of record at the close of business on September 30, 2007 and payable October 15, 2007 is $0.075 Cdn per unit.

Throughout the month of August 2007, Income & Equity Index Participation Fund repurchased 66,600 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at September 13, 2007, Income & Equity's net asset value was $11.38 Cdn per unit. The portfolio currently consists of 19% oil and gas royalty trusts, 15% ongoing business trusts, 13% real estate investment trusts, 7% industrials, 17% energy & services, 4% materials, 24% S&P/TSX 60 capped call option, and 1% 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