Series S-1 Income Fund

Series S-1 Income Fund

July 21, 2005 09:30 ET

Series S-1 Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - July 21, 2005) - Series S-1 Income Fund (TSX:SRC.UN)reports the distribution to unitholders of record at the close of business on July 31, 2005 and payable on August 15, 2005 is $0.075 Cdn per unit.

As at July 14, 2005, Series S-1's net asset value was $11.40 Cdn per unit. The current portfolio consists of 28% ongoing business trusts, 19% power generation funds, 14% pipeline and energy distribution funds, 14% real estate investment trusts, 16% oil and gas royalty trusts and 9% cash and cash equivalents.

Top Ten Holdings at July 19, 2005:

1) TransAlta Power L.P.
2) Inter Pipeline Fund
3) Superior Plus Income Fund
4) Noranda Income Fund
5) Dundee Reit
6) Algonquin Power Income Trust
7) Retirement Residences Reit
8) Keyera Facilities Income Fund
9) Boralex Power Income Fund
10) Acclaim Energy Trust

Contact Information

  • Series S-1 Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing