Mulvihill Pro-AMS U.S.
TSX : PAM.UN

Mulvihill Pro-AMS U.S.

December 03, 2010 16:54 ET

Pro-AMS U.S. Trust Announces Termination Date

TORONTO, ONTARIO--(Marketwire - Dec. 3, 2010) - Mulvihill Capital Management Inc. ("MCM"), manager of Pro-AMS U.S. Trust (the "Trust") (TSX:PAM.UN), announced today that the Trust will commence winding-up and will terminate on its scheduled termination date of January 4, 2011 as set out in the trust agreement (the "Trust Agreement") dated September 27, 2000.

Pursuant to the Trust Agreement, the Trust will, after paying and providing for all liabilities and obligations of the Trust, distribute as soon as possible thereafter the remaining property of the Trust among Unitholders on a pro rata basis. In accordance with the Trust's investment objective, Unitholders will receive at least the original issue price of $25.00 per Unit upon termination. No action need be taken by Unitholders to receive payment in respect of the termination of the Trust.

For further information, please contact Investor Relations at 416.681.3900, toll free at 1.800.725.7172 or visit www.mulvihill.com.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

A member of the Mulvihill Capital Management Inc. Group of Funds.

Contact Information

  • Mulvihill Structured Products
    John Mulvihill
    President and CEO
    416.681.3966 or 1.800.725.7172
    or
    Mulvihill Structured Products
    David Roode
    President, Fund Services
    416.681.3966 or 1.800.725.7172
    or
    Mulvihill Structured Products
    121 King Street West, Suite 2600
    Toronto, Ontario, M5H 3T9
    416.681.3966 or 1.800.725.7172
    info@mulvihill.com
    www.mulvihill.com