Canada NewsWire
MONTREAL, Dec. 6, 2016
MONTREAL, Dec. 6, 2016 /CNW Telbec/ - Global Diversified
Investment Grade Income Trust II ("GD-II") announces an estimated Net Asset Value per unit as at November 30, 2016 of
$0.28. This value is equal to the value of the assets less liabilities. The assets consist only of
cash.
About the Trust
Until December 2, 2016, the Trust provided an economic interest in an equity tranche of a credit default swap agreement in
respect of portfolios of residential mortgage-backed securities, commercial asset-backed and mortgage-backed securities, consumer
asset-backed securities, structured exposures to mortgage‑backed and asset-backed and corporate securities. Since the settlement of
the losses on December 2, 2016 and the termination of the last financial contract, GD‑II has started its liquidation process
and will proceed to a remittance to its holders at the latest during the first quarter of 2017, net of liquidation fees and
contingencies.
SOURCE GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST II
