Diversified Preferred Share Trust 'TSX:DPS.UN' Raises Gross Proceeds of $180,720,000 After Exercise of Over-Allotment for $15,060,000.TORONTO -- Diversified Preferred Share Trust (the "Trust")(TSX:DPS.UN) is pleased to announce that is has issued an additional 600,000 trust units for gross proceeds of $15,060,000 pursuant to the exercise by the agents of their over-allotment option. Gross proceeds Including the over-allotment, the total gross proceeds of the Trust's recent public offering are $180,720,000. Diversified Preferred Share Trust Diversified Preferred Share Trust is designed to provide unitholders with the opportunity to receive quarterly cash distributions by investing in an equally weighted diversified portfolio of preferred shares and preferred securities of Canadian issuers managed on a passive basis and to receive the benefits of a low management expense ratio. The Trust's units are rated Pfd-2 (low) by Dominion Bond Rating Service Dominion Bond Rating Service is a credit rating agency based in Toronto, Ontario. Founded in 1976, it is one of the largest credit rating agencies in Canada. It is one of five Nationally Recognized Statistical Rating Organizations in the United States, though significantly smaller Limited and trade on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol DPS.UN. Sentry Select Capital Corp. Sentry Select Capital Corp., the administrator of the Trust provides investment, administrative and marketing services to 22 exchange-listed closed-end funds, 11 mutual funds, eight principal-protected notes and four limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of December 31, 2005, the firm had approximately $8.5 billion in gross assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . Agents A syndicate of agents was co-led by RBC Capital Markets RBC Capital Markets is the corporate and investment banking division of Royal Bank of Canada ("RBC"). Broker dealers Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC:
 This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corporation, HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) Securities (Canada) Inc., Raymond James Ltd., Berkshire Securities Inc., Dundee Securities Corporation, Wellington West Capital Markets Inc., Blackmont Capital Inc., Desjardins Securities Inc., IPC Securities Corporation and Research Capital Corporation. The Exchange Tower 130 King Street West Suite 2850, P.O. Box 104 Toronto, Ontario M5X 1A4 Telephone: (416) 861-8729 Fax: (416) 364-5615 |
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