MONTREAL, May 21, 2014 /CNW Telbec/ - Global Diversified Investment
Grade Income Trust II ("Global DIGIT II") declares the following
Declared or Paid
TSX Closing Price
per Unit on
May 21, 2014
May 30, 2014
June 13, 2014
Global DIGIT II also announces an estimated net asset value ("NAV") per
unit as at May 15, 2014 of $0.33.
The NAV is equal to the aggregate value of the assets less the aggregate
value of the liabilities. Substantially all of the assets of Global
DIGIT II consist of cash and one credit default swap entered into with
Deutsche Bank A.G. (Canada Branch) and the related collateral.
The financial situation of Global DIGIT II is described more
particularly in Note 2 to the 2013 audited Financial Statements and
discussed in Section 1 - Investment Objectives and Strategies - of the 2013 Management Report of Fund Performance, both posted on
SEDAR (www.sedar.com) on March 26, 2014. Reference is made to these
documents for additional information on Global DIGIT II.
About Global DIGIT II
Global DIGIT II provides an economic interest in an equity tranche of a
credit default swap agreement in respect of portfolios of residential
mortgage-backed securities, commercial asset-backed and mortgage-backed
securities, consumer asset-backed securities, structured exposures to
mortgage-backed and asset-backed and corporate securities.
SOURCE: GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST II
For further information:
Louis Arteau : 514-394-7563