Global Dividend Fund declares distributions



    (TSX: GDP.UN)

    TORONTO, Jan. 18 /CNW/ - Global Dividend Fund is pleased to announce
distributions in the amount of $0.04583 per unit per month for record dates
through to December 31, 2008, as follows:

    
    Month          Record Date            Payment Date        Amount
    -----          -----------            ------------        ------
    January      January 31, 2008       February 14, 2008    $0.04583
    February     February 29, 2008      March 14, 2008       $0.04583
    March        March 31, 2008         April 14, 2008       $0.04583
    April        April 30, 2008         May 14, 2008         $0.04583
    May          May 30, 2008           June 13, 2008        $0.04583
    June         June 30, 2008          July 15, 2008        $0.04583
    July         July 31, 2008          August 15, 2008      $0.04583
    August       August 29, 2008        September 15, 2008   $0.04583
    September    September 30, 2008     October 15, 2008     $0.04583
    October      October 31, 2008       November 14, 2008    $0.04583
    November     November 28, 2008      December 12, 2008    $0.04583
    December     December 31, 2008      January 15, 2009     $0.04583
    

    Based in Toronto, frontierAlt specializes in the manufacturing and
distribution of structured products, flow-through limited partnerships and
mutual funds.

    %SEDAR: 00024492E




For further information:

For further information: Asif Khan, Chairman & CEO, frontierAlt Capital
Corporation, Tel: (416) 623-3161, Fax: (416) 360-6202, e-mail:
akhan@frontieralt.com; Kurankye Sekyi-Otu, Executive Vice-President,
frontierAlt Capital Coporation, Tel: (416) 623-3171, Fax: (416) 360-6202,
e-mail: ksekyiotu@frontieralt.com; www.frontieralt.com

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GLOBAL DIVIDEND FUND

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