MONTREAL, Dec. 3 /CNW Telbec/ - Global Diversified Investment Grade Income Trust II ("Global DIGIT II") announces that the net asset value ("NAV") per unit as of November 30, 2009 was estimated to be $0.32.
The NAV on a particular date is equal to the aggregate value of the assets of Global DIGIT II, less the aggregate value of its liabilities. Substantially all of the assets of Global DIGIT II consist of cash and three credit default swaps entered into with Deutsche Bank A.G. and the related collateral.
The distribution to holders of record on December 31, 2009 will be announced in a press release to be issued in mid-December concurrently with the bi-monthly NAV disclosure.
About Global DIGIT II
Global DIGIT II provides an economic interest in an equity tranche of credit default swap agreements in respect of portfolios of mortgage-backed securities, asset-backed securities, structured finance securities and synthetic corporate exposures.
SOURCE Global Diversified Investment Grade Income Trust II
For further information: For further information: François Rivard, (514) 879-6405, http://info.fbn.ca/trusts