Global Dividend Fund declares distributions



    TORONTO, Jan. 12 /CNW/ - (TSX: GDP.UN): Global Dividend Fund is pleased
to announce distributions in the amount of $0.0200 per unit per month for
record dates through to December 31, 2009, as follows:

    
    Month        Record Date             Payment Date            Amount
    -----        -----------             ------------            ------

    January      January 30, 2009        February 13, 2009       $0.0200
    February     February 27, 2009       March 13, 2009          $0.0200
    March        March 31, 2009          April 15, 2009          $0.0200
    April        April 30, 2009          May 15, 2009            $0.0200
    May          May 29, 2009            June 15, 2009           $0.0200
    June         June 30, 2009           July 15, 2009           $0.0200
    July         July 31, 2009           August 14, 2009         $0.0200
    August       August 31, 2009         September 15, 2009      $0.0200
    September    September 30, 2009      October 15, 2009        $0.0200
    October      October 30, 2009        November 13, 2009       $0.0200
    November     November 30, 2009       December 15, 2009       $0.0200
    December     December 31, 2009       January 15, 2010        $0.0200
    

    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; Taras Hucal, President, frontierAlt Funds Management
Limited, Tel: (416) 619-3132, Fax: (416) 360-6202, e-mail:
thucal@frontieralt.com, www.frontieralt.com

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GLOBAL DIVIDEND FUND

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