SCITI ROCS Trust Declares Monthly Distribution
TORONTO, March 18 /CNW/ - The Board of Directors of SCITI ROCS Limited in its capacity as Trustee for SCITI ROCS Trust (the "Trust") has declared a cash distribution of $0.0500 per Trust Unit.
Record and payment dates are as follows:
------------------------------------------------------------------------- Record Date Payment Date Distribution Amount/Trust Unit ------------------------------------------------------------------------- March 31, 2010 April 15, 2010 $0.0500 -------------------------------------------------------------------------
Unitholders are entitled to receive monthly distributions as declared by the Trustee of the Trust. The Trustee generally intends to declare and pay monthly distributions to the extent of forecasted distributions to be received for a calendar quarter from the underlying portfolio, less the estimated operating expenses for the period.
The Trust is an investment trust which provides investors with tax-efficient monthly distributions and low cost diversification through an approximately equally weighted portfolio of income funds included in the Scotia Capital Income Trust Index as adjusted to exclude any income fund having a float capitalization of less than $200 million.
Trust units of SCITI ROCS Trust are listed for trading on The Toronto Stock Exchange under the symbol SCI.UN.
%SEDAR: 00021988E
For further information: Investor Relations, SCITI ROCS Limited, Trustee of SCITI ROCS, (416) 863-7251, E-mail: [email protected], Web site: www.scotiamanagedcompanies.com
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