Income & Equity Index Participation Fund
TSX : IEP.UN

Income & Equity Index Participation Fund

December 19, 2008 17:12 ET

Income & Equity Index Participation Fund Announces Distribution

CALGARY, ALBERTA--(Marketwire - Dec. 19, 2008) - Income & Equity Index Participation Fund (TSX:IEP.UN) reports the distribution to unitholders of record at the close of business on December 31, 2008 and payable January 15, 2009 is $0.075 Cdn per unit.

Throughout the month of November 2008, Income & Equity Index Participation Fund repurchased 35,100 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at December 18, 2008, Income & Equity's net asset value was $5.07 Cdn per unit. The portfolio currently consists of 27% oil and gas royalty trusts, 13% ongoing business trusts, 17% real estate investment trusts, 3% industrials, 20% energy & services, 2% materials, 16% 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
    or
    Income & Equity Index Participation Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region
    1-866-936-7880
    Website: www.citadelfunds.com