TORONTO, Oct. 14 /CNW/ - Investment Grade Trust (BND.UN) (the "Fund") advises that the net asset value of the Fund as published on October 9, 2009 in its financial statements for the year ended June 30, 2009 differs from the net asset value of the Fund published on June 30, 2009.
This difference in the net asset value is due to discussions between Deloitte & Touche LLP, the auditors of the Fund, and UBS AG, the Calculation Agent for the UBS Swap (the "Swap") held by Bond Trust to which the Fund gains exposure by means of the Forward Agreement. As a result of these discussions, UBS AG restated the value of the Swap as of June 30, 2009, which resulted in a restatement of the net asset value of the Fund as of June 30, 2009.
SOURCE Investment Grade Trust
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