MONTREAL, Dec. 23, 2014 /CNW Telbec/ - On September 9, 2014, Global Diversified Investment Grade Income Trust (the "Trust") announced the redemption of all of its outstanding units at a price of $9.55 per unit plus, if applicable, a final adjustment to come after payment of all winding‑up expenses. Today, the Trust made the final payment to its unitholders, being an amount of $0.12 per unit, which represents an income distribution. The Trust will have paid a total redemption price of $9.67 per unit of which $4.97 will have represented a distribution of income and $4.70, a non‑taxable return of capital.
The redemption price of $9.67 per unit, together with all the distributions from the initial offering of units in 2004 represents an internal rate of return of 5.13% for those unitholders who have subscribed to their units at the price of $10 per unit at inception.
SOURCE: Global Diversified Investment Grade Income Trust
For further information: Louis Arteau : 514-394-7563, http://info.fbn.ca/trusts