Skylon Growth & Income Trust Announces Indicative Distribution For Next Twelve Months
07 January 2017 - 2:03AM
PR Newswire (Canada)
TSX Symbol: SKG.UN
TORONTO, Jan. 6, 2017 /CNW/ - CI Investments Inc. as
manager of Skylon Growth & Income Trust (the "Trust") announces
an indicative distribution for the following twelve months of
$0.70 per unit ($0.05833 per month). This is based upon the
prevailing market conditions and the Manager's estimate of
distributable cash flow for the year.
The Trust's investment objectives are: (i) to provide
unitholders with monthly distributions; (ii) to endeavour to
preserve capital throughout the life of the Trust; and (iii) to
enhance the long-term total return of the Trust's portfolio.
The Trust is listed on the Toronto Stock Exchange under the
symbol SKG.UN.
SOURCE CI Investments Inc.
Copyright 2017 Canada NewsWire
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