Business & Finance
Wed, March 20, 2013Tue, March 19, 2013Mon, March 18, 2013Sun, March 17, 2013Sat, March 16, 2013Fri, March 15, 2013Thu, March 14, 2013Wed, March 13, 2013Tue, March 12, 2013Mon, March 11, 2013Sun, March 10, 2013Sat, March 9, 2013Fri, March 8, 2013Thu, March 7, 2013Wed, March 6, 2013Global Advantaged Telecom &;; Utilities Income Fund Announces Distribution Amount for Twelve Months Commencing March
Published in Business and Finance on Wednesday, March 13th 2013 at 10:15 GMT by Market Wire
March 13, 2013 13:01 ET
Global Advantaged Telecom & Utilities Income Fund Announces Distribution Amount for Twelve Months Commencing March 28, 2013
OAKVILLE, ONTARIO--(Marketwire - March 13, 2013) - Global Advantaged Telecom & Utilities Income Fund, (TSX:HGI.UN), (the "Fund") announces an expected monthly distribution amount for the following twelve months commencing March 28, 2013 of $0.06 per Trust Unit ($0.72 per annum). This monthly distribution amount remains the same as the regular monthly distribution paid by the Fund since its inception.
The Fund has been established to provide Unitholders with exposure to an actively managed portfolio comprised primarily of equity securities of global telecom issuers and global utilities issuers.
The Fund's investment objectives are to provide Unitholders with:
(i) tax-advantaged monthly distributions; and
(ii) capital appreciation.
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Fund. The forward-looking statements are not historical facts but reflect the Fund's, Harvest Portfolio Group Inc. ("Harvest"), the manager of the Fund and /or investment manager's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including, but not limited to, market factors. Although the Fund, Harvest, the manager of the Fund and /or investment managers believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Fund, Harvest, the manager of the Fund and /or investment manager undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
