TORONTO, Feb. 4 /CNW/ - SCITI Total Return Trust (the "Trust") provides
the following unaudited summary of operations for the month ended
December 31, 2010.
During the month, distributions and other income, net of expenses,
earned by the Trust amounted to approximately $0.2 million or $0.11 per
unit. In line with its investment mandate, this amount will be
reinvested in income fund units included in the Trust's portfolio. The
net asset value per unit as at December 31, 2010 was $13.19. From
inception to December 31, 2010 a total of $2.49 per unit has been
either reinvested in the underlying portfolio or used to repurchase
The Trust provides holders of units with tax efficient exposure to the
total return of an approximately equally weighted portfolio of 96
income funds and corporations.
Units are listed for trading on the TSX under the symbol STF.UN.
SOURCE SCITI Total Return Trust
For further information:
SCITI Total Return Trust
Web site: www.scotiamanagedcompanies.com