Anchor Managed Dividend Growth Fund Declares Initial Distributions

TORONTO, Dec. 18, 2012 /CNW/ - The Board of Directors of Scotia Managed Companies Administration Inc. in its capacity as Trustee of Anchor Managed Dividend Growth Fund (the "Fund") has declared initial cash distributions of $0.05 per Class A Unit, Verus Class A Unit, Class F Unit and Verus Class F Unit payable on December 31, 2012 to holders of record at the close of business on December 28, 2012.

The Fund was created to generate stable quarterly cash distributions and potential for consistent, long term capital appreciation. The Fund invests primarily in a portfolio of high dividend-yielding equities of large TSX listed Canadian companies and REITs and at certain times, may invest in Canadian preferred shares and debt securities. The investment portfolio may change due to ongoing portfolio transactions of the Fund.

SOURCE: Anchor Managed Dividend Growth Fund

Investor Relations
Scotia Managed companies Administration Inc.,
Trustee of Anchor Managed Dividend Growth Fund
Tel: [phone]
Email: [email protected]
Web site: www.scotiamanagedcompanies.com