TORONTO, Sept. 30, 2011 /CNW/ - JovFunds Management Inc. ("JovFunds"), the trustee and manager of the Deans Knight Income and Growth Fund
(the "Fund"), as part of the previously announced termination of the Fund (the "Termination"), has completed the final net asset value calculation for the Fund as
of September 29, 2011.
The proceeds from the Termination will be distributed to unitholders of
the Fund's units through CDS Clearing and Depository Services Inc. ("CDS") on Friday October 7, 2011 and will be based on a net asset value per
unit of $7.2830. Unitholders who submitted notice to redeem their units
under the Fund's annual redemption feature will be redeemed at the same
net asset value per unit.
The Fund's units, which were traded on the Toronto Stock Exchange ("TSX") under the symbol DKI.UN, were voluntarily delisted from the TSX on September 26, 2011.
SOURCE JovFunds Management Inc.
For further information:
please contact Martin Fabregas, Investor Relations, JovFunds Management Inc. at (416) 601-2508