TORONTO, Jan. 12 /CNW/ - (TSX: GDP.UN) - Global Dividend Fund (the
"Fund") today announced that its anticipated monthly distribution for the
calendar year 2009 will remain 5.50% on an annualized basis.
The distribution represents a yield of 12.7% on yesterday's closing price
of $4.36. The current yield on the Global Dividend Fund portfolio at December
31, 2008 was 3.8%.
frontierAlt Capital Corporation is the Manager of the Fund.
For further information:
For further information: Asif Khan, Chairman & CEO, frontierAlt Capital
Corporation, Tel: (416) 623-3161, Fax: (416) 360-6202, Email:
email@example.com; Taras Hucal, President, frontierAlt Funds Management
Limited, Tel: (416) 623-3171, Fax: (416) 360-6202, Email: