Income Financial Trust
TSX : INC.un

Income Financial Trust

July 20, 2005 09:00 ET

Regular Monthly Distribution Declared-Income Financial

TORONTO, ONTARIO--(CCNMatthews - July 20, 2005) - INCOME FINANCIAL TRUST ("INCOME FINANCIAL")(TSX:INC.UN) declares its regular monthly distribution of $0.17708 per unit ($2.1250 annually). Distributions are payable August 10, 2005 to shareholders on record as of July 29, 2005.

Income Financial unitholders have received a total of $15.07 per unit in distributions since inception, inclusive of this distribution.

Income Financial invests in North American financial services companies whose shares are included in the TSX Financial Services Index, the S&P Financials Index or the S&P Midcap Financials Index. Quadravest Capital Management actively manages Income Financial's investment portfolio.

Quadravest Capital Management Inc. is focused on the creation and management of enhanced yield products for retail investors. It's 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.

Income Financial Distribution Details:

- Regular Distribution per Unit: $ 0.17708

- Ex-Dividend Date: July 27, 2005

- Record Date: July 29, 2005

- Payable Date: August 10, 2005

Contact Information

  • Quadravest Capital Management
    Wayne Finch
    Chairman & 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