MONTREAL, July 5, 2013 /CNW Telbec/ - Global Diversified Investment Grade Income Trust ("Global DIGIT") declares the following special distribution:
Trading Symbol |
Distribution Amount (per unit) |
Record Date | Payment Date | Total Distributions declared or paid in 2013 (all capital reimbursements) |
TSX Closing Price per unit on July 5, 2013 |
DG.UN | $0.027 | July 31, 2013 | August 15, 2013 | $0.1890 | $7.50 |
This special distribution of $0.027 per unit represents a portion of the excess cash of Global DIGIT which is deemed not needed for its current operations.
Global DIGIT II also announces that the net asset value ("NAV") per unit as at June 30, 2013 was estimated to be $7.48.
The NAV on a particular date is equal to the aggregate value of the assets of Global DIGIT, less the aggregate value of its liabilities. Substantially all of the assets of Global DIGIT consist of cash and three credit default swaps entered into with Deutsche Bank A.G. and the related collateral.
About Global DIGIT
Global DIGIT provides an economic interest in a mezzanine tranche of credit default swap agreements in respect of portfolios of synthetic corporate exposure, mortgage-backed securities, asset-backed securities and structured finance securities.
SOURCE: Global Diversified Investment Grade Income Trust
Louis Arteau: (514) 394-7563
http://info.fbn.ca/trusts
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