Propel Capital Corporation - Distributions Press Release

TORONTO, Dec. 19, 2012 /CNW/ - Propel Capital Corporation announces distributions for the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund, Diversified Alpha Fund II, Strategic Income Allocation Fund and North American REIT Income Fund.

Quarterly Distributions:
For the quarter ending December 31, 2012 the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund and Diversified Alpha Fund II will make the following distributions. These distributions are expected to consist primarily of return of capital.

Fund	TSX Symbol	Distribution Amount (per unit)	Record Date	Payment Date
Canadian Convertibles Plus Fund	CCI.UN	$0.15625	December 31, 2012	January 15, 2013
Canadian High Yield Focus Fund	CAH.UN	$0.19500	December 31, 2012	January 15, 2013
Diversified Alpha Fund II	AFT.UN	$0.15000	December 31, 2012	January 15, 2013

Monthly Distributions:
For months ending December 2012, January and February 2013, the Strategic Income Allocation Fund and the North American REIT Income Fund will make the following distributions. The Strategic Income Allocation Fund distributions are expected to consist primarily of return of capital.

Fund	TSX Symbol	Record Date	Payment Date	Distribution Amount (per unit)
Strategic Income Allocation Fund	SIF.UN	December 31, 2012	January 15, 2013	$0.05417
Strategic Income Allocation Fund	SIF.UN	January 31, 2013	February 15, 2013	$0.05417
Strategic Income Allocation Fund	SIF.UN	February 28, 2013	March 15, 2013	$0.05417
North American REIT Income Fund	NRF.UN	December 31, 2012	January 15, 2013	$0.05000
North American REIT Income Fund	NRF.UN	January 31, 2013	February 15, 2013	$0.05000
North American REIT Income Fund	NRF.UN	February 28, 2013	March 15, 2013	$0.05000

 

SOURCE: Propel Capital Corporation

please call Raj Lala, President, Propel Capital at 416-572-2364 or visit  www.propelcapital.ca