First Trust/Highland Capital Floating Rate Income Fund Question & Answer Report

    First Trust/Highland Capital Floating Rate Income Fund (TSX: FHT.UN)

    TORONTO, Jan. 8 /CNW/ - The Fund has released a Question & Answer report
addressing matters impacting the Fund and the leveraged loan market - this is
available on our website at
    In accordance with its investment strategy, the Fund provides exposure to
a portfolio of primarily U.S. dollar denominated, senior secured floating rate
corporate loans. The Fund aims to (i) deliver monthly distributions which will
fluctuate with changes in U.S. short term interest rates, and (ii) to preserve
and enhance the net asset value per Unit in order to return the original
$10.00 subscription price of the units to unitholders.

For further information:

For further information: First Defined Portfolio Management Co., (416)
865-8065, 1-877-622-5552,

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