Convertible & Yield Advantage Trust Announces Completion of Termination

TSX Symbol:  CNV.UN

TORONTO, Nov. 5, 2013 /CNW/ - Convertible & Yield Advantage Trust (the "Trust") announced today that the Trust completed the redemption of its outstanding redeemable, transferable units (the "Units") on October 31, 2013 as contemplated by the constating documents of the Trust.  In connection therewith, the Trust redeemed each Unit for $23.4459.  The redemption proceeds were paid by the Trust on November 5, 2013 through CDS Clearing and Depository Services Inc.

SOURCE: CI Investments Inc.

CI Investments Inc.
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1-800-268-9374