TORONTO, June 20, 2012 /CNW/ - The Board of Directors of MLCB Ltd., trustee of Moneda LatAm Corporate Bond Fund, (the "Fund) has declared cash distributions of $0.1875 per Class A Unit and US$0.1875 per Class U Unit payable on July 13, 2012 to holders of record at the close of business on June 29, 2012.
The Fund is an investment fund established to provide holders of Units with investment exposure to a diversified portfolio of fixed income securities of companies located in, or with significant operations in, Latin America, primarily denominated in U.S. dollars. The Fund's investment objectives are to: (i) preserve and enhance the net asset value of the Fund; and (ii) provide Unitholders with quarterly tax-advantaged distributions consisting primarily of returns of capital, in each case through exposure to the total return performance of the Moneda Deuda Latinoamericana Fondo de Inversion, a Chilean listed investment fund established in 2000 which is actively managed by Moneda S.A. Administradora de Fondos de Inversion. Moneda Asset Management S.A., the parent company of the Portfolio Manager, was established in 1993 and is a leading independent asset manager headquartered in Santiago, Chile.
The Class A Units of the Fund are listed for trading on the Toronto Stock Exchange under the symbol MLD.UN.
For further information:
Moneda LatAm Corporate Bond Fund
Web site: www.scotiamanagedcompanies.com
Email: [email protected]
26th Floor, 40 King Street West, Toronto, Ontario M5W 2X6
Tel: (416) 945-4262 Fax: (416) 863-7425