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CIX CI Financial Corp

16.40
0.15 (0.92%)
Last Updated: 19:07:25
Delayed by 15 minutes
Share Name Share Symbol Market Type
CI Financial Corp TSX:CIX Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.15 0.92% 16.40 16.40 16.42 16.44 16.18 16.23 119,342 19:07:25

Skylon Growth & Income Trust Announces Indicative Distribution For Next Twelve Months

06/01/2017 3:03pm

PR Newswire (Canada)


CI Financial (TSX:CIX)
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TSX Symbol: SKG.UN

TORONTO, Jan. 6, 2017 /CNW/ - CI Investments Inc. as manager of Skylon Growth & Income Trust (the "Trust") announces an indicative distribution for the following twelve months of $0.70 per unit ($0.05833 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 monthly distributions; (ii) to endeavour to preserve capital throughout the life of the Trust; and (iii) to enhance the long-term total return of the Trust's portfolio.

The Trust is listed on the Toronto Stock Exchange under the symbol SKG.UN.

SOURCE CI Investments Inc.

Copyright 2017 Canada NewsWire

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