Ameristar RSP Income Trust

Ameristar RSP Income Trust

March 18, 2005 09:00 ET

Monthly Distribution Declared-AmeriStar RSP Income Trust


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AMERISTAR RSP INCOME TRUST

TSX SYMBOL: RSP.UN

MARCH 18, 2005 - 09:00 ET

Monthly Distribution Declared-AmeriStar RSP Income
Trust

TORONTO, ONTARIO--(CCNMatthews - March 18, 2005) - AMERISTAR RSP INCOME
TRUST (TSX:RSP.UN) ("AMERISTAR") declares its variable monthly
distribution of $0.08960 per unit, or 8.5% based on the February 28,
2005 net asset value of $12.65. Distributions are payable April 8, 2005
to shareholders on record as of March 31, 2005.

AmeriStar unitholders have received a total of $8.78 per unit in
distributions since inception, inclusive of this distribution.

AmeriStar invests in a diversified portfolio consisting mainly of common
shares issued by companies included in the S&P 500 Index and / or a
selection of the 50 largest non-U.S. companies listed on the NYSE. Units
are 100% eligible as Canadian content, allowing investors to increase
their international exposure beyond the foreign content limit.
Quadravest Capital Management actively manages AmeriStar's portfolio.

Quadravest Capital Management Inc. is focused on the creation and
management of enhanced yield products for retail investors. Its
management style combines active security selection with covered call
option writing. This strategy generates additional returns above
dividend and interest income earned in the portfolio. Quadravest is
dedicated to providing investors with products that offer both steady
income and capital preservation for the long term.



AmeriStar Distribution Details:

- Distribution per Unit: $0.08960
- Ex-Dividend Date: March 29, 2005
- Record Date: March 31, 2005
- Payable Date: April 8, 2005


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Quadravest Capital Management
    Wayne Finch
    Chairman and Chief Investment Officer
    (416) 304-4443
    or
    Quadravest Capital Management
    Laura Johnson
    Vice President
    (416) 304-4443
    or
    Quadravest Capital Management
    Peter Cruickshank
    Chief Financial Officer
    (416) 304-4443
    info@quadravest.com
    www.quadravest.com