Top 20 US Dividend Trust Announces Net Asset Values per Unit Following Scheduled Rebalancing
Apr 05, 2019, 09:00 ET
TORONTO, April 5, 2019 /CNW/ - Scotia Managed Companies Administration Inc. (the "Manager"), the manager of Top 20 U.S. Dividend Trust (the "Trust"), announced that following a periodic rebalancing of the Trust's portfolio on March 31, 2019 in accordance with the Trust's investment mandate, its net asset values per Class A unit on April 1, 2019, April 2, 2019 and April 3, 2019 were $12.59, $12.51 and $12.50, respectively.
The Trust's investment objectives are to provide unitholders with stable monthly distributions and the opportunity for capital appreciation, in each case through investment in an equally-weighted portfolio comprised of the 20 highest yielding equity securities included in the Dow Jones Industrial Average.
The Class A units of the Trust are listed for trading on The Toronto Stock Exchange under the symbol TUT.UN.
SOURCE Top 20 US Dividend Trust
For further information: Investor Relations, Top 20 U.S. Dividend Trust, (416) 945-4173, E-mail: [email protected], Website: www.scotiamanagedcompanies.com