Series S-1 Income Fund

Series S-1 Income Fund

March 20, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - March 20, 2008) - Series S-1 Income Fund ("Series S-1" or the "Fund") (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on March 31, 2008 and payable on April 15, 2008 is $0.075 Cdn per unit.

Throughout the month of February 2008, Series S-1 repurchased 147,000 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at March 13, 2008, Series S-1's net asset value was $9.74 Cdn per unit. The current portfolio consists of 31% ongoing business trusts, 18% power generation funds, 19% oil and gas royalty trusts, 9% real estate investment trusts, 21% pipeline and energy distribution funds, and 2% cash and cash equivalents.

Top Ten Holdings at March 18, 2008:

1) Northland Power Income Fund
2) Fort Chicago Energy Partners
3) Inter Pipeline Fund
4) Keyera Facilities Income Fund
5) Yellow Pages Income Fund
6) EPCOR Power LP
7) Consumers Waterheater Income Fund
8) ARC Energy Trust
9) Noranda Income Fund
10) Enerplus Resources Fund

Contact Information

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