INDEXPLUS announces normal course issuer bid

TORONTO, Sept. 9, 2011 /CNW/ - INDEXPLUS Income Fund announced today its intention to make a normal course issuer bid for its units through the facilities of the Toronto Stock Exchange (the "TSX").  This normal course issuer bid is intended to commence on September 13, 2011 and will terminate on September 12, 2012.  In accordance with the Declaration of Trust by which INDEXPLUS is governed, market purchases pursuant to its normal course issuer bid may be effected by the Fund.

The Fund had 11,767,301 units issued and outstanding as at September 1, 2011.  INDEXPLUS may, during the 12 month period commencing September 13, 2011 purchase on the TSX up to 1,176,387 units, being 10% of the public float of 11,763,875 units and may not, in any 30 day period, purchase more than 235,346 units, being 2% of the units issued and outstanding.  INDEXPLUS will hold in treasury for resale all units purchased pursuant to the bid.  As at September 1, 2011 INDEXPLUS had purchased 150,000 units at an average price of $12.61 per unit under its previously approved normal course issuer bid.  INDEXPLUS believes that its units may represent good value for the Fund and purchases under the normal course issuer bid may serve to enhance returns to unitholders.

INDEXPLUS trades on the Toronto Stock Exchange under the symbol "IDX.UN".


For further information:

For further information visit our website at or contact the undersigned:

Nancy Tham
Managing Director, Sales and Marketing
(416) 847-5349


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