Income & Equity Index Participation Fund
TSX : IEP.UN

Income & Equity Index Participation Fund

February 21, 2008 09:30 ET

Income & Equity Index Participation Fund Announces Distribution

CALGARY, ALBERTA--(Marketwire - Feb. 21, 2008) - Income & Equity Index Participation Fund (TSX:IEP.UN) reports the distribution to unitholders of record at the close of business on February 29, 2008 and payable March 14, 2008 is $0.075 Cdn per unit.

Throughout the month of January 2008, Income & Equity Index Participation Fund repurchased 47,500 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 14, 2008, Income & Equity's net asset value was $10.78 Cdn per unit. The portfolio currently consists of 18% oil and gas royalty trusts, 15% ongoing business trusts, 11% real estate investment trusts, 9% industrials, 16% energy & services, 5% materials, 25% 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