SCITI Trust Declares Monthly Distribution

TORONTO, Nov. 18 /CNW/ - The Board of Directors of SCITI Limited in its capacity as Trustee for SCITI Trust ("SCITI") has declared a cash distribution of $0.0930 per Trust Unit. This is the first distribution paid by SCITI following the completion of the merger of SCITI and SCITI Trust II effective November 2, 2009.

Record and payment date are as follows:

    Record Date           Payment Date        Distribution Amount/Trust Unit
    November 27, 2009     December 15, 2009  	           $0.0930

Unitholders are entitled to receive monthly distributions as declared by the Trustee of SCITI. The Trustee generally intends to declare and pay monthly distributions to the extent of forecasted distributions to be received for a calendar quarter from the underlying portfolio, less the estimated operating expenses for the period.

SCITI is an investment trust to invest in the equity securities of income funds, corporations and other entities that reflect the makeup of the 50 highest yielding members of the Scotia Capital High Yielding Index on an approximately equal weight basis.

Trust Units of SCITI are listed for trading on The Toronto Stock Exchange under the symbol SIN.UN.

%SEDAR: 00019069E


For further information: For further information: Investor Relations, SCITI Limited, Trustee of SCITI Trust, (416) 945-4394, E-mail:, Web site:

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890