Wind-up proposal for Mulvihill Pro-AMS 100 Plus (US$) Trust and Mulvihill Pro-AMS 100 Plus (CDN$) Trust



    TORONTO, July 31 /CNW/ - The Board of Directors of Mulvihill Fund
Services Inc., the manager of Mulvihill Pro-AMS 100 Plus (US$) Trust and
Mulvihill Pro-AMS 100 Plus (CDN$) Trust (the "Trusts"), today announced that
it has approved a proposal to wind-up the Trusts on or about September 26,
2008 prior to their scheduled December 30, 2016 termination date. A special
meeting of unitholders of each Trust has been called and will be held on or
about September 9, 2008, at which unitholders of each Trust will be asked to
vote upon a special resolution to approve the winding up of such Trust.
Details of the proposed winding-up will be outlined in a management
information circular to be prepared and delivered to unitholders in mid
August, 2008.
    At current net asset values, it is becoming uneconomical to unitholders
from an expense perspective to continue to operate the Trusts over their
remaining terms. If the special resolution is approved by unitholders of a
Trust, the assets of the Trust will be liquidated and the proceeds of the sale
of a Trust's assets (net of any liabilities and expenses) will be distributed
to unitholders on or about September 26, 2008.





For further information:

For further information: John Mulvihill, President & CEO or Don Biggs,
Senior Vice President, 121 King Street West, Suite 2600, Toronto, Ontario, M5H
3T9, (416) 681-3966, (800) 725-7172

Organization Profile

MULVIHILL PRO-AMS 100 PLUS (CDN$) TRUST

More on this organization

MULVIHILL PRO-AMS 100 PLUS (US$) TRUST

More on this organization


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