TORONTO, Sept. 13, 2013 /CNW/ - GCIC Ltd. ("GCICL"), manager of DPF India Opportunities Fund (TSX:DPF.UN) (the "Fund"), today announced that its board of directors has approved the payment of a quarterly cash distribution of $0.13 per trust unit payable on October 16, 2013 to unitholders of record as of September 30, 2013.
The Fund (www.dpfopportunities.com) is a TSX-listed closed-end investment trust which seeks to enhance the value of the trust units offered primarily through capital appreciation driven by an actively managed, diversified investment portfolio.
GCICL is a subsidiary of DundeeWealth Inc. and the manager of the Fund. GCICL offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds, the portfolio solutions of the Marquis Investment Program and the high net worth investment counsel of DundeeWealth Investment Counsel. DundeeWealth Inc. is a wholly owned subsidiary of Scotiabank.
This press release contains forward-looking information. The forward-looking information contained in this press release is not historical information but reflects the Fund's current expectations regarding future results or events. The forward looking information is subject to a number of risks, uncertainties and other factors that could influence actual results or events and cause them to differ materially from current expectations, including the ability of the Fund to pay the distribution on the date specified. Risk and uncertainties are described under "Risk Factors" in the Fund's prospectus and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Fund's current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking information contained in this press release represents the Fund's estimate as of any date other than the date of this press release and are cautioned not to place undue reliance on such information due to the inherent uncertainty therein. Except where required by under applicable securities legislation, GCICL does not undertake to update any forward looking information.
SOURCE: GCIC Ltd.
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