Skylon Funds Announce Distributions for Month Ending July 31, 2008

    TORONTO, July 17 /CNW/ - CI Investments Inc., as manager of each of the
issuers named below (the Skylon Funds), announces the following distributions
for the month ending July 31, 2008 payable on August 15, 2008 to unitholders
of record as at July 31, 2008:

    Skylon                                  TSX         Distribution
    Fund                                    Symbol      Amount
    Convertible & Yield Advantage Trust     CNV.UN      Cdn$0.1458 per unit
    High Yield & Mortgage Plus Trust        HYM.UN      Cdn$0.15625 per unit
    Signature Diversified Value Trust       SDF.UN      Cdn$0.0666 per unit
    Skylon Global Capital Yield Trust       SLP.UN      Cdn$0.1510 per unit
    Skylon Global Capital Yield Trust II    SPO.UN      Cdn$0.1510 per unit
    Skylon Growth & Income Trust            SKG.UN      Cdn$0.05833 per unit
    Skylon International Advantage
     Yield Trust
        Series A units                      SIA.UN      Cdn$0.1042 per unit
        Series B units                      SIA.U       US$0.0417 per unit
    Yield Advantage Income Trust            YOU.UN      Cdn$0.0583 per unit


For further information:

For further information: CI Investments Inc., (416) 364-1145,

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