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Skylon Growth & Income Trust Announces Indicative Distribution For Next Twelve Months and For Month Ending January 2018

TORONTO, Jan. 24, 2018 /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.

CI Investments Inc. further announces the following distribution for the month ending January 31, 2018 payable on February 15, 2018 to unitholders of record as at January 31, 2018:

Skylon
Fund

TSX
Symbol

Distribution
Amount
              




Skylon Growth & Income Trust

SKG.UN

Cdn$0.05833 per unit




 

SOURCE CI Financial Corp.


 
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