Morneau Sobeco Income Fund
TSX : MSI.UN

Morneau Sobeco Income Fund

December 18, 2006 09:49 ET

Morneau Sobeco Income Fund Declares December 2006 Cash Distribution

TORONTO, ONTARIO--(CCNMatthews - Dec. 18, 2006) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Morneau Sobeco Income Fund (the "Fund")(TSX:MSI.UN) announced today a cash distribution of $0.06875 per unit for the month of December 2006, to be paid January 15, 2007 to holders of record of units of the Fund on December 29, 2006.

In addition, the Fund announced a special one-time cash distribution of $0.0115 per unit payable on December 29, 2006 to holders of record of units of the Fund on December 29, 2006, to be paid January 15, 2007. This special one-time cash distribution represents the incremental taxable income arising from the Fund's favourable financial performance for 2006.

Morneau Sobeco is the largest Canadian owned pension and benefits consulting and outsourcing firm, providing services to organizations across Canada and in the United States. With over 1,000 employees in offices in 12 cities across North America, Morneau Sobeco has focused on the integrated design and delivery of pension and benefit plans for over 40 years.

Contact Information

  • Morneau Sobeco Income Fund
    William Morneau
    President & CEO
    (416) 445-2700
    (416) 445-7989 (FAX)
    Website: www.morneausobeco.com