Skylon Growth & Income Trust Announces Indicative Distribution For Next Twelve Months

TSX Symbol:  SKG.UN

TORONTO, Feb. 24, 2012 /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 Financial Corp.

For further information:

CI Investments Inc.
(416) 364-1145
1-800-268-9374


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