TORONTO, Oct. 15 /CNW/ - The Board of Directors of SCITI ROCS Limited in
its capacity as Trustee for SCITI ROCS Trust (the "Trust") announces monthly
cash distributions of $0.0770 per Trust unit for each record date in October
to December 2007. Including these distributions, the twelve month trailing
distribution totals $0.9460 (2006 - $0.9969) per Unit.
Record and payment dates are as follows:
Record Date Payment Date
October 31, 2007 November 15, 2007
November 30, 2007 December 14, 2007
December 31, 2007 January 15, 2008
Unitholders are entitled to receive monthly distributions as declared by
the Trustee of SCITI ROCS Trust. The Trustee intends to declare and pay an
equal monthly distribution to the extent of forecasted distributions to be
received for a calendar quarter from the underlying income funds in the
portfolio, less the estimated operating expenses for the period. Any
differences from the forecast will be adjusted in the following quarter.
The Trust is an investment trust which provides investors with
tax-efficient monthly distributions and low cost diversification through an
approximately equally weighted portfolio of income funds included in the
Scotia Capital Income Trust Index as adjusted to exclude any income fund
having a float capitalization of less than $200 million.
Trust units of SCITI ROCS Trust are listed for trading on The Toronto
Stock Exchange under the symbol SCI.UN.
For further information:
For further information: Investor Relations, SCITI ROCS Limited, Trustee
of SCITI ROCS Trust, (416) 863-7251, E-mail: firstname.lastname@example.org,
Web site: www.scotiamanagedcompanies.com