Mulvihill Pro-AMS RSP Fund Declares Monthly Distribution.TORONTO -- Mulvihill Pro-AMS RSP RSP right sacroposterior (position of the fetus). (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :PR.UN) (the "Fund") announced today that it has declared its monthly distribution of $0.08333 per unit, payable on July 30, 2004 to unitholders of record as of July 15, 2004. Mulvihill Pro-AMS RSP was launched in March 2001 with three investment objectives: (1) to return at a minimum the original issue price of the units ($25.00) to unitholders upon termination of the Fund, (2) to provide unitholders of the Fund with monthly distributions, and (3) to preserve the value of the Fund's Managed Portfolio. The forward purchase and sale agreement remains in force with Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. ("RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). ") pursuant to which RBC will agree to pay to the Fund an amount equal to the original issue price of C$25.00 for each Unit outstanding on the Termination Date termination date, n See expiration date. on December 31, 2012, in exchange for the Fund agreeing to deliver to RBC equity securities, known as the Fixed Portfolio. The Managed Portfolio consists principally of equity securities of companies selected from the S&P/TSX 60 Index and of companies with a market capitalization in excess of US$5.0 billion selected from the S&P 500 Index. The Fund may from time to time, write covered call options in respect of all or part of the securities in the Managed Portfolio. In addition, the Fund may write cash covered put options in respect of securities in which the Fund is permitted to invest. 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 PR.UN.
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Distribution Details :
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Distribution per Unit: $0.08333
Payable Date: July 30, 2004
Record Date: July 15, 2004
Ex-Dividend Date: July 13, 2004
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A member of the Mulvihill Capital Management Inc. Group of Funds group of funds See family of funds. |
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