Stone Total Return Unit Trust Declares Distribution
2008-07-17 14:07:00
TORONTO, ONTARIO–(EMWNews – July 17, 2008) –
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES.
Stone Total Return Unit Trust (“the Trust”) (TSX:SG.UN) is pleased to announce its monthly distribution in the amount of $0.0625 per unit payable on August 15, 2008 to unitholders of record as at July 31, 2008. This equates to an annual distribution rate of 7.50% based upon the original issue price of $10.00 per trust unit.
The Trust is a closed-end investment fund whose investment objectives are: to provide unitholders of the Trust (“Unitholders”) with a stable stream of monthly distributions; to return the original issue price of $10.00 per Unit to the Unitholders upon termination of the Trust; and to provide Unitholders with an opportunity for capital appreciation.
Stone Asset Management Limited is the trustee, manager and investment advisor of the Trust. The Trust is listed on the Toronto Stock Exchange under the symbol SG.UN and invests primarily in small cap income trusts.
For more information, please contact Stone & Co. Limited |
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