OAKVILLE, ON, April 13, 2018 /CNW/ - Australian REIT Income
Fund, (TSX: HRR.UN), (the "Fund") announces an expected monthly
distribution amount for the following twelve months commencing
April 30, 2018 of $0.055 per Class A Unit ($0.66 per annum) and $0.055 per Class F Unit ($0.66 per annum). This monthly distribution
amount remains the same as the regular monthly distribution paid by
the Fund since its inception.
The Fund has been established to provide Unitholders with an
actively managed portfolio comprised primarily of equity securities
listed on the Australian Securities Exchange issued by Australian
real estate investment trusts and issuers principally engaged in
the real estate industry in Australia.
The Fund's investment objectives are to provide Unitholders
with:
(i) monthly cash distributions; and
(ii) the opportunity for capital appreciation.
Founded in 2009, Harvest Portfolios Group Inc. is a Canadian
Investment Fund Manager which offers an innovative suite of
exchange traded funds, mutual funds and publicly-listed structured
products designed to satisfy the long-term growth and income needs
of investors. We pride ourselves in creating trusted investment
solutions that meet the expectations of our investors.
You will usually pay brokerage fees to your dealer if you
purchase or sell units of the Fund on the TSX. If units are
purchased or sold on the TSX, investors may pay more than the
current net asset value when buying units of the Fund and may
receive less than the current net asset value when selling them.
There are ongoing fees and expenses associated with owning units of
an investment fund. An investment fund must prepare disclosure
documents that contain key information about the fund. You can find
more detailed information about the fund in these documents.
Investment funds are not guaranteed, their values change frequently
and past performance may not be repeated. Distributions are paid to
you in cash unless you request, pursuant to your participation in a
distribution reinvestment plan, that they be reinvested into the
Class A or Class F units of the Fund. If the Fund earns less than
the amount distributed, the difference is a return of capital.
SOURCE Australian REIT Income Fund
