TORONTO, ONTARIO--(Marketwired - Jan. 9, 2014) - Man Investments Canada Corp. ("Man Canada"), the manager of Man GLG Emerging Markets Income Fund (TSX:EMY.UN) (the "Fund") is pleased to announce that its monthly cash distribution for 2014 will be $0.03868 per unit per month or $0.46411 per unit per annum.
The Fund determines annually its anticipated monthly distribution target for the following year. The distribution rate was determined based upon prevailing market conditions and the Manager's estimate of distributable cash flow for the 12 months ending December 31, 2014. This represents an annual yield of 6.0% based on a market price of $7.73510 per unit as at December 31, 2013.
Man is a world-leading alternative investment management business. It has expertise in a wide range of liquid investment styles including managed futures, equity, credit and convertibles, emerging markets, global macro and multi-manager, combined with powerful product structuring, distribution and client service capabilities. As at September 30, 2013, Man managed US$52.5 billion.
The original business was founded in 1783. Today, Man is listed on the London Stock Exchange and is a member of the FTSE 250 Index.
Man is a signatory to the United Nations Principles for Responsible Investment (PRI) and a member of the Dow Jones Sustainability World Index and the FTSE4Good Index. Man also supports many awards, charities and initiatives around the world, including sponsoring the Man Booker literary prizes and the Man Asian Literary Prize. Further information can be found at www.man.com.
Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer to provide investment services.
Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.