TORONTO, Dec. 23 /CNW/ - Investment Grade Trust (TSX: BND.UN) today announces a distribution for the period from July 1, 2009 to December 31, 2009 of $0.25 per unit of Investment Grade Trust ("Unit") payable on January 15, 2010 to holders of Units ("Holders") of record as at December 31, 2009.
Investment Grade Trust's objectives are: i) to provide Holders with a stable stream of tax efficient semi-annual distributions consisting primarily of capital gains and return of capital of approximately $0.25 per Unit ($0.50 per annum to yield 5.00% on the subscription price of $10.00 per Unit); and ii) to return an amount per Unit equal to the original subscription price of $10.00 per Unit to Holders on or about December 31, 2012.
Investment Grade Trust is listed on The Toronto Stock Exchange under the symbol BND.UN.
SOURCE Investment Grade Trust
For further information: For further information: Crown Hill Investment Corporation, (416) 361-1212