An anonymous trustee reports
SKYLON GROWTH & INCOME TRUST ANNOUNCES INDICATIVE DISTRIBUTION FOR NEXT TWELVE MONTHS AND FOR MONTH ENDING JANUARY 2018
CI Investments Inc., as manager of Skylon Growth & Income Trust, has declared an indicative distribution for the following 12 months of 70 cents per unit (5.833 cents 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 further declares the attached distribution for the month ending Jan. 31, 2018, payable on Feb. 15, 2018, to unitholders of record as at Jan. 31, 2018.
Skylon fund TSX symbol Distribution amount
Skylon Growth & Income Trust SKG.UN 5.833 cents per unit
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