Income STREAMS III: Financial Results to May 31, 2008
2008-07-28 15:01:00
Income STREAMS III: Financial Results to May 31, 2008
TORONTO, ONTARIO–(EMWNews – July 28, 2008) – Income STREAMS III Corporation (“STQ STREAMS”) today announced its semi-annual financial results for the six months ending May 31, 2008.
The net asset value per unit (one Capital Yield share and one Equity Dividend share) was $33.38 as at May 31, 2008. The Managed Portfolio per unit was $13.26 as at May 31, 2008.
STQ STREAMS is a mutual fund corporation that invests in a diversified portfolio consisting principally of common shares issued by corporations whose shares are included in the S&P 500 and the S&P/TSX 60 Index.
Selected Financial Information from the Statement of Financial Operations:
For the six months ending May 31, 2008
($ Millions)
Income 0.667
Expenses (0.960)
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Net investment income (0.293)
Realized option premiums and gain on sale of investments 0.977
Change in unrealized depreciation on
investments/forward agreements (2.745)
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Decrease in net assets from operations before distributions (2.061)
Comparative financial information is available in documents filed on www.sedar.com.
For more information, please contact Income STREAMS III |
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