Ameristar RSP Income Trust
TSX : RSP.UN

Ameristar RSP Income Trust

July 20, 2005 09:01 ET

Monthly Distribution Declared-AmeriStar RSP Income Trust

TORONTO, ONTARIO--(CCNMatthews - July 20, 2005) - AMERISTAR RSP INCOME TRUST ("AMERISTAR")(TSX:RSP.un) declares its variable monthly distribution of $0.08628 per unit, or 8.5% based on the June 30, 2005 net asset value of $12.18. Distributions are payable August 10, 2005 to shareholders on record as of July 29, 2005.

AmeriStar unitholders have received a total of $9.13 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: $0.08628
Ex-Dividend Date: July 27, 2005
Record Date: July 29, 2005
Payable Date: August 10, 2005


Contact Information

  • 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