Series S-1 Income Fund

Series S-1 Income Fund

August 23, 2005 09:30 ET

Series S-1 Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Aug. 23, 2005) - Series S-1 Income Fund (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on August 31, 2005 and payable on September 15, 2005 is $0.075 Cdn per unit.

As at August 18, 2005, Series S-1's net asset value was $11.31 Cdn per unit. The current portfolio consists of 29% ongoing business trusts, 19% power generation funds, 13% pipeline and energy distribution funds, 13% real estate investment trusts, 17% oil and gas royalty trusts and 9% cash and cash equivalents.

Top Ten Holdings at August 18, 2005:

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

Contact Information

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