TSX Symbol: YOU.UN
TORONTO, March 20, 2014 /CNW/ - Yield Advantage Income Trust (the
"Trust") announces an indicative distribution for the following twelve
months of $0.70 per unit ($0.0583 per month). This is based upon the
prevailing market conditions and the Manager's estimate of
distributable cash flow for the year.
The Trust's investment objectives are: (i) to provide unitholders with
tax efficient monthly distributions consisting primarily of capital
gains and returns of capital initially targeted to be $0.0583 per unit
($0.70 per annum to yield 7.0% on the subscription price of $10.00 per
unit); and (ii) to endeavour to preserve and enhance the net asset
value of the Trust in order to return at least the original
subscription price of $10.00 per unit to unitholders on or about
December 31, 2015.
The Trust is listed on the Toronto Stock Exchange under the symbol
YOU.UN.
SOURCE CI Financial Corp.
CI Investments Inc.
(416) 364-1145
1-800-268-9374
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