TORONTO, July 16, 2014 /CNW/ - The Board of Directors of SCITI Limited
in its capacity as Trustee for SCITI Trust
("SCITI") has declared a cash distribution of $0.0790 per Trust Unit.
Record and payment date are as follows:
Distribution Amount/Trust Unit
July 30, 2014
August 15, 2014
Unitholders are entitled to receive monthly distributions as declared by
the Trustee of SCITI. The Trustee generally intends to declare and pay
monthly distributions to the extent of forecasted distributions to be
received for a calendar quarter from the underlying portfolio, less the
estimated operating expenses for the period.
SCITI is an investment trust whose investment portfolio consists of
income funds, corporations and other entities that reflect the makeup
of the 50 highest yielding members of the Scotia Capital High Yielding
Equity Index on an approximately equal weight basis in order to provide
unitholders with a diversified and high yielding portfolio.
Trust Units of SCITI are listed for trading on The Toronto Stock
Exchange under the symbol SIN.UN.
SOURCE: SCITI Trust
For further information:
Trustee of SCITI Trust
Web site: www.scotiamanagedcompanies.com