MONTREAL, Nov. 5, 2014 /CNW Telbec/ - Global Diversified Investment Grade Income Trust II ("Global DIGIT II") announces that its net asset value ("NAV") per unit as at October 31, 2014 was estimated to be $0.30.
The NAV on a particular date is equal to the aggregate value of the assets less the aggregate value of the liabilities. The assets of Global DIGIT II consist mainly of cash and to a lesser degree of a credit default swap entered into with Deutsche Bank A.G. and the related collateral.
About Global DIGIT II
Global DIGIT II provides an economic interest in an equity tranche of a credit default swap agreement in respect of portfolios of residential mortgage-backed securities, commercial asset-backed and mortgage-backed securities, consumer asset-backed securities, structured exposures to mortgage-backed and asset-backed and corporate securities.
SOURCE: GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST II
For further information: Louis Arteau : 514-394-7563, http://info.fbn.ca/trusts