Series S-1 Income Fund

Series S-1 Income Fund

February 20, 2007 13:45 ET

Series S-1 Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Feb. 20, 2007) - Series S-1 Income Fund (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on February 28, 2007 and payable on March 15, 2007 is $0.075 Cdn per unit.

Throughout the month of January 2007, Series S-1 repurchased 142,400 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 15, 2007, Series S-1's net asset value was $10.34 Cdn per unit. The current portfolio consists of 31% ongoing business trusts, 22% power generation funds, 15% oil and gas royalty trusts, 15% real estate investment trusts, 14% pipeline and energy distribution funds and 3% cash and cash equivalents.

Top Ten Holdings at February 15, 2007:

1) Fort Chicago Energy Partners
2) Boralex Power Income Fund
3) Inter Pipeline Fund
4) Dundee Reit
5) TransAlta Power L.P
6) Consumers Waterheater Income Fund
7) Algonquin Power Income Trust
8) Yellow Pages Income Fund
9) Innvest Reit
10) Keyera Facilities Income Fund

Contact Information

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