Net Asset Value as at November 15, 2016

MONTREAL, Nov. 17, 2016 /CNW Telbec/ - Global Diversified Investment Grade Income Trust II ("GD-II") announces an estimated Net Asset Value per unit as at November 15, 2016 of $0.28. This value is equal to the value of the assets less liabilities. The assets consist mainly of cash.

GD-II has not yet received from Deutsche Bank, A.G. Canada Branch ("DB") a notice as to its loss calculation following the credit events notice of 2014, notwithstanding the lapse of the 720-day period provided for in the financial contract between GD‑II and DB.

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: Antoine Fourgeaud: 514-394-6645, http://info.fbn.ca/trusts

Organization Profile

GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST II

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