Mulvihill Premium 60 Plus Declares Quarterly Distribution.TORONTO -- Mulvihill Premium 60 Plus (the "Fund") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SIX.UN) has declared its quarterly distribution of C$0.50 per unit payable March 31, 2006 to unitholders of record as of March 15, 2006. The Fund's investment objectives are to provide unitholders with a stable stream of quarterly distributions of at least C$0.50 per unit. The Fund achieves its investment objectives by investing in a diversified portfolio consisting principally of common shares issued by corporations selected from the S&P/TSX 60 Index. The Fund may also, from time to time, invest up to 20% of the cost amount of its assets in (i) common shares issued by the top 60 corporations selected on the basis of market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. from the S&P 100 Index or (ii) American Depository Receipts ("ADR's") of the top 60 corporations selected on the basis of market capitalization whose ADR's are trading on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. or NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on . To generate additional returns above the dividend income earned on the portfolio, the Fund may from time to time, write covered call options in respect of all or part of the common shares in the Portfolio. In addition, the Fund may write cash covered put options in respect of securities in which the Fund is permitted to invest. Unitholders of Mulvihill Premium 60 Plus may elect to have their distributions reinvested into additional units by enrolling in the Fund's Distribution Reinvestment Plan reinvestment plan See dividend reinvestment plan (DRIP). . Unitholders may enroll in the Plan by contacting their investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and . The Fund's investment portfolio is managed by its investment manager, Mulvihill Capital Management Inc. Fund units are listed 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 SIX.UN. ----------------------------------------- Distribution Details : ----------------------------------------- Distribution per Unit: $0.50 Payable Date March 31, 2006 Record Date: March 15, 2006 Ex-Dividend Date: March 13, 2006 ----------------------------------------- Mulvihill Premium 60 Plus (TSX:SIX.UN) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion