Morneau Sobeco Income Fund
TSX : MSI.UN

Morneau Sobeco Income Fund

June 18, 2008 16:11 ET

Morneau Sobeco Income Fund Declares an Increased Cash Distribution for June 2008

TORONTO, ONTARIO--(Marketwire - June 18, 2008) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Morneau Sobeco Income Fund (TSX:MSI.UN) (the "Fund") announced today a cash distribution of $0.07871 per unit for the month of June 2008, to be paid July 15, 2008 to holders of record of units of the Fund on June 30, 2008. This distribution reflects the previously announced 7% increase to the Fund's monthly distribution target from $0.07356 to $0.07871 per unit.

Morneau Sobeco Income Fund is the largest Canadian-owned firm providing human resource consulting and outsourcing services. Through Morneau Sobeco and Shepellfgi, its two operating entities, the firm delivers solutions to assist employers in managing the financial security, health and productivity of their employees. With over 2,300 employees in offices across North America, Morneau Sobeco Income Fund offers its services to organizations that are situated in Canada, in the United States and around the globe.

Contact Information

  • Morneau Sobeco Income Fund
    William Morneau
    Chairman & CEO
    416-445-2700