Skylon Growth & Income Trust Announces Indicative Distribution For Next Twelve Months
TSX Symbol: SKG.UN
TORONTO, Feb. 19, 2014 /CNW/ - CI Investments Inc. as manager of Skylon Growth & Income Trust (the "Trust") announces an indicative distribution for the following twelve months of $0.70 per unit ($0.05833 per month). This is based upon the prevailing market conditions and the Manager's estimate of distributable cash flow for the year.
The Trust's investment objectives are: (i) to provide unitholders with monthly distributions; (ii) to endeavour to preserve capital throughout the life of the Trust; and (iii) to enhance the long-term total return of the Trust's portfolio.
The Trust is listed on the Toronto Stock Exchange under the symbol SKG.UN.
SOURCE CI Investments Inc.For further information:
CI Investments Inc.