Monthly Distribution and Net Asset Value as at February 15, 2015

MONTREAL, Feb. 18, 2015 /CNW Telbec/ - Global Diversified Investment Grade Income Trust II (the "Trust") declares the following monthly distribution:







Trading Symbol

Distribution Amount
(per unit)

Record Date

Payment Date

Distributions Declared or Paid in 2015
(all capital reimbursements)

TSX Closing Price on
February 18, 2015

GII.UN

$0.018

February 27, 2015

March 13, 2015

$0.054

$ 0.88

 

The Trust also announces an estimated net asset value ("NAV") per unit as at February 15, 2015 of $0.26. The NAV takes into account the impact of the credit event notices received from Deutsche Bank AG, Canada Branch as disclosed in the press release of November 21, 2014.

The NAV is equal to the aggregate value of the assets less the aggregate value of the liabilities. The assets of the Trust consist mainly of cash.

For more information on the financial situation of the Trust, reference is made more particularly to Note 2 to the 2013 audited Financial Statements, to Section 1 - Investment Objectives and Strategies - of the 2013 Management Report of Fund Performance and to the Management Report of Fund Performance as at June 30, 2014. These documents are posted on the SEDAR website (www.sedar.com).

About the Trust

The Trust 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, http://info.fbn.ca/trusts

Organization Profile

GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST II

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