Yield Advantage Income Fund and Yield Advantage Income Trust Announce Completion of Termination

TSX Symbol: YOU.UN

TORONTO, Jan. 6, 2016 /CNW/ - Yield Advantage Income Fund and Yield Advantage Income Trust (together, the "Funds") announced today that the Funds completed the redemptions of their outstanding redeemable, transferable units on December 31, 2015 as contemplated by the constating documents of the Funds. In connection therewith, Yield Advantage Income Trust redeemed each unit for $7.418687 and the redemption proceeds were paid on January 5, 2016 through CDS Clearing and Depository Services Inc.

SOURCE CI Financial Corp.

For further information: CI Investments Inc., (416) 364-1145, 1-800-268-9374


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