BluMont Man Alternative Yield Fund
TSX : BMY.UN

BluMont Man Alternative Yield Fund

August 17, 2007 16:17 ET

Update on Termination of BluMont Man Alternative Yield Fund

TORONTO, ONTARIO--(Marketwire - Aug. 17, 2007) - BluMont Man Alternative Yield Fund (the "Fund") (TSX:BMY.UN) today announced that, further to its press release dated July 4, 2007, the effective date of the termination of the Fund will now be August 24, 2007 (the "Termination Date"). Effective on the Termination Date, the Fund's net assets will be distributed to unitholders on a pro rata basis, and the units of the Fund will be de-listed from the Toronto Stock Exchange after the close of business on the Termination Date.

About the Fund

The BluMont Man Alternative Yield Fund is a closed-end investment trust that seeks to provide unitholders with tax-efficient monthly distributions of $0.05 per unit (6% annually), to preserve capital and to achieve growth over the term of the Fund.

Contact Information

  • BluMont Capital
    Donna Beasant
    Vice-President Operations
    (416) 216-3566 or 1-866-473-7376
    (416) 360-1102 (FAX)
    Website: www.blumontcapital.com