TORONTO, Feb. 10, 2012 /CNW/ - The Northwater Market Neutral Trust (the "Trust") announces that it has determined the tax character of distributions issued by the Trust for its taxation period ended December 31, 2011.
In addition, the Trust has concluded that no special distribution of the Trust's net income and realized capital gains will be required to ensure that the Trust will not be liable to pay income tax under Part I of the Income Tax Act.
The tax character of the distributions for 2011 is as follows:
|Record Date||Payment Date||Tax Character||Amount per Unit|
|March 31, 2011||April 7, 2011||Return of Capital||$0.0700|
|June 30, 2011||July 8, 2011||Return of Capital||$0.0500|
|September 30, 2011||October 7, 2011||Return of Capital||$0.0700|
For further information:
Dan Mills, at Northwater Capital Management Inc. at (416) 360-2101