OpenSky capital Index Income Fund - Declaration of distribution



    MONTREAL, March 20 /CNW Telbec/ - TSX: OMP.UN, OpenSky Capital Index
Income Fund (the "Trust") declares a monthly distribution of $0.05 per unit
for the period of March 1 to March 31, 2007. The distribution will be payable
on April 13, 2007 to holders of record at the close of business on March 30,
2007. As of March 15, 2007, the Net Asset Value per unit was $8.224.
    Monthly cash distribution are expected to be approximately 100% of the
net distributions generated on the securities (after borrowing costs and
expenses) generated by the portfolio.

    The Trust has been designed to provide holders of Units with variable
exposure to a sector weighted portfolio of up to 32 Canadian income trusts
based on the top eight income trusts by float adjusted market capitalization
as defined by the S&P/TSX Capped Income Trust Index in each of the following
four sectors: (i) diversified business trusts;(ii) energy; (iii) real estate;
and (iv) utilities.




For further information:

For further information: Steven Marshall, OpenSky Capital, (514)
393-1818, 1-866-317-1818

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OPENSKY CAPITAL

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