Investment Grade Trust Announces Distribution For Period ending June 30, 2010

TORONTO, June 22 /CNW/ - Investment Grade Trust (TSX: BND.UN) today announces a distribution for the period from January 1, 2010 to June 30, 2010 of $0.25 per unit of Investment Grade Trust ("Unit") payable on July 13, 2010 to holders of Units ("Holders") of record as at June 30, 2010.

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.

To provide additional liquidity, Trust Units are also redeemable at the end of each calendar year for an amount equal to the net asset value per Unit.

%SEDAR: 00018717E

SOURCE Investment Grade Trust

For further information: For further information: Crown Hill Capital Corporation, 416-361-1212

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Investment Grade Trust

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