Business and FinanceBusiness and Finance
Mon, December 21, 2009
Sun, December 20, 2009
Sat, December 19, 2009
Fri, December 18, 2009

CMP Gold Trust Announces Special Distribution


Published on 2009-12-18 14:15:10 - Market Wire
  Print publication without navigation


TORONTO, Dec. 18 /CNW/ - Goodman & Company, Investment Counsel Ltd. ("Goodman & Company"), manager of CMP Gold Trust (TSX: CMP.UN) (the "Trust"), announces on behalf of the Trust that it estimates that a special cash distribution of $1.2745 per unit will be payable on January 15, 2010 to unitholders of record on December 31, 2009. This special distribution represents net income and net realized taxable capital gains earned by the Trust.

About Goodman & Company

Goodman & Company is a Canadian asset management company tracing its roots back more than 50 years. Goodman & Company offers a wide range of wealth management solutions through financial advisors. These include the mutual funds, hedge funds and closed-end investment trusts of Dynamic Funds(TM), the portfolio solutions of the Marquis Investment Program, the flow-through limited partnerships of CMP(TM) and Canada Dominion and the high net worth investment counsel of Goodman Private Wealth Management. Goodman & Company is a wholly owned subsidiary of DundeeWealth Inc. (TSX: DW).

This press release contains forward-looking information. The forward-looking information contained in this press release is not historical information but is based on historical information concerning the performance of the Trust and its portfolio. The forward-looking information reflects the Trust's current expectations regarding future results or events, including the amount of distributions paid by the Trust and the date specified for the payment of the distributions by the Trust, which may differ significantly from the distribution amounts and date indicated in this press release due to, among other things: changes in portfolio composition; the performance (financial or otherwise) of the portfolio and of the issuers whose securities are included therein; general economic and stock market conditions; and the uncertainty of realizing capital gains. The forward looking information is subject to a number of risks, uncertainties and other factors that could influence actual results or events and cause them to differ materially from current expectations. Risk and uncertainties are described under "Risk Factors" in the Trust's prospectus and other documents filed by the Trust with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Trust's current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking information contained in this press release represents the Trust's estimate as of any date other than the date of this press release and are cautioned not to place undue reliance on such information due to the inherent uncertainty therein. Except where required by under applicable securities legislation, Goodman & Company does not undertake to update any forward looking information.