Top 10 Canadian Financial Trust Declares Quarterly Distribution.TORONTO -- Top 10 Canadian Financial Trust (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :TCT TCT The Capital Times (Madison, WI newspaper) TCT Transcatheter Cardiovascular Therapeutics TCT The Coroner's Toolkit TCT Trans Canada Trail TCT Tcl Core Team TCT Tsukuba College of Technology (Japan) .UN) (the "Fund") has declared its quarterly distribution of C$0.30544 per unit payable March 31, 2006 to unitholders of record as of March 15, 2006. The Funds investment objectives are to provide unitholders with a stable stream of quarterly cash distributions targeted to be 7.5% per annum Per annum Yearly. of the net asset value of the Fund and to return the net asset value per unit as of the date the Special Resolution was adopted upon termination of the Fund on December 31, 2010.The Fund invests in a portfolio consisting of the six largest Canadian banks and the four largest Canadian life insurance companies by 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. . 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 securities in its portfolio. In addition, the Fund may write cash covered put options in respect of securities in which it is permitted to invest. Top 10 Canadian Financial Trust offers investors the opportunity to acquire additional units of the Fund by re-investing their cash distributions through the Fund's Distribution Reinvestment Plan reinvestment plan See dividend reinvestment plan (DRIP). . Unitholders may enroll in the Plan by contacting their investment advisor. 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 TCT.UN. ----------------------------------------------- Distribution Details: ----------------------------------------------- Distribution per Unit: $0.30544 Payable Date: March 31, 2006 Record Date: March 15, 2006 Ex-Dividend Date: March 13, 2006 ----------------------------------------------- A member of the Mulvihill Capital Management Inc. Group of Funds group of funds See family of funds. Top 10 Canadian Financial Trust (TSX:TCT.UN) |
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