TORONTO, Nov. 18 /CNW/ - Marret Asset Management Inc. announces that Marret Investment Grade Bond Fund (TSX: MIG.UN) will pay its first distribution in the amount of $0.0645 per unit on or before December 14, 2009 to unitholders of record on November 30, 2009. This includes the regular monthly distribution of $0.05 for November 2009 in addition to a partial distribution of $0.0145 for the period from the closing date of the Fund's initial public offering on October 23, 2009 to October 31, 2009.
Marret Asset Management is one of Canada's largest independent credit focused asset management companies with $3.8 billion under management.
SOURCE Marret Asset Management Inc.
For further information: For further information: Barry Allan, (416) 214-5800