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TORONTO, July 5 /CNW/ - Faircourt Asset Management Inc., the Manager of Faircourt Income & Growth Split Trust (TSX: FIG.UN), announces today that Unitholders who tendered their Trust Units for redemption on May 31, 2010 will be entitled to receive $4.2269 per Trust Unit, which is equal to the Net Asset Value per Trust Unit calculated using a three day volume weighted average price for exchange-traded securities held by the Trust, determined as of June 30, 2010 less costs of funding the redemption, including commissions. Payment will be made on July 22, 2010.
SOURCE FAIRCOURT INCOME & GROWTH SPLIT TRUST
For further information: For further information: on the Faircourt Funds, please visit www.faircourtassetmgt.com or please contact: Charles Taerk, President and CEO or Douglas Waterson, CFO & Portfolio Manager at (416) 364-8989 or 1-800-831-0304.