Carfinco Income Fund Declares Cash Distribution for February 2011

TSX: CFN.UN

EDMONTON, Feb. 8 /CNW/ - Carfinco Income Fund ("Carfinco" or the "Fund") announces that a cash distribution of 2 cents per trust unit has been declared for February 2011, with a payable date of February 28, 2011, to Unitholders of record on February 18, 2011.  The ex-distribution date is February 16, 2011.

About Carfinco Income Fund

Carfinco focuses on providing consumer vehicle loans to borrowers unable to obtain financing through traditional lending sources.  A network of select independent and franchise dealerships offer Carfinco's payment plan to their customers who must, along with the vehicle, meet Carfinco's underwriting guidelines. The units of the Fund trade on The Toronto Stock Exchange under the symbol "CFN.UN".

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Fund.  These statements are subject to a number of risks and uncertainties.  Actual results may differ materially from results contemplated by the forward-looking statements.  When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements.

SOURCE Carfinco Income Fund

For further information:

Mr. Tracy A. Graf 
CEO & Trustee of Carfinco Income Fund 
Telephone: 1-888-486-4356 
Facsimile: 1-888-486-7456 
E-mail: tgraf@carfinco.com 
Web site: www.carfinco.com 
The Howard Group Inc.
Jeff Walker / Dave Burwell
Investor Relations
Telephone: 1-888-221-0915
E-mail: Info@howardgroupinc.com
Web site:  www.howardgroupinc.com

Organization Profile

Carfinco Income Fund

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