Low Volatility U.S. Equity Income Fund
TSX : LVU.UN

Low Volatility U.S. Equity Income Fund

March 25, 2014 08:13 ET

Low Volatility U.S. Equity Income Fund Announces Special Distribution

TORONTO, ONTARIO--(Marketwired - March 25, 2014) - Strathbridge Asset Management Inc. ("Strathbridge" or the "Manager") is pleased to announce a special cash distribution in the amount of $0.25 per unit will be payable on April 30, 2014 to unitholders of record of the Low Volatility U.S. Equity Income Fund (the "Fund") (TSX:LVU.UN) on April 15, 2014. Due to continued strong performance of the Fund and realized capital gains which are expected to exceed the regular monthly distributions for 2014, the Fund has elected to pay a special distribution. Unitholders will continue to receive their regular monthly distributions as declared.

The Fund is designed to provide investors with an actively managed investment in the common shares of low volatility, large capitalization, U.S. companies while mitigating downside risk and paying a monthly cash distribution. The Fund's investment objectives are:

  1. to maximize risk adjusted returns for unitholders; and
  2. to pay unitholders monthly cash distributions in an amount targeted to be 5.0% per annum on the NAV per unit.

The Fund seeks to achieve its investment objectives by actively investing in a conservative portfolio consisting of large capitalization equity securities selected from the S&P 100 Index, a subset of the S&P 500 Index containing the largest issuers by market capitalization, with a beta of less than 1.0. The Fund utilizes a selective covered call option writing strategy designed to enhance portfolio income and mitigate downside risk.

For further information, please contact your financial advisor, call our investor relations line at 416.681.3966, toll free at 1.800.725.7172 or visit www.strathbridge.com.

David Roode, President, Fund Services

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

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