Income & Equity Index Participation Fund
TSX : IEP.UN

Income & Equity Index Participation Fund

June 20, 2008 09:30 ET

Income & Equity Index Participation Fund Announces Distribution

CALGARY, ALBERTA--(Marketwire - June 20, 2008) - Income & Equity Index Participation Fund (TSX:IEP.UN) reports the distribution to unitholders of record at the close of business on June 30, 2008 and payable July 15, 2008 is $0.075 Cdn per unit.

Throughout the month of May 2008, Income & Equity Index Participation Fund repurchased 52,500 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at June 12, 2008, Income & Equity's net asset value was $11.94 Cdn per unit. The portfolio currently consists of 19% oil and gas royalty trusts, 13% ongoing business trusts, 12% real estate investment trusts, 10% industrials, 14% energy & services, 5% materials, 25% S&P/TSX 60 capped call option, and 2% 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