Monthly Distribution and Net Asset Value as at June 15, 2012

MONTREAL, June 18, 2012 /CNW Telbec/ - Global Diversified Investment Grade Income Trust ("Global DIGIT") declares the following monthly distribution consisting of a partial capital reimbursement:

Trading
Symbol
Distribution
Amount
(per unit)
Record Date Payable Date Total
Distributions
declared or
paid in 2012
(all capital
distributions)
TSX Closing Price
Per Unit on
June 18, 2012
DG.UN $0.027 June 29, 2012 July 17, 2012 $0.189 $4.65

The objectives of Global DIGIT is to provide unitholders with varying monthly distributions based on the applicable one-month bankers' acceptance rate plus 2.00%. The current bankers' acceptance rate is approximately 1.22%.

Global DIGIT announces that the net asset value ("NAV") per unit as of June 15, 2012 was estimated to be $4.55.

The NAV on a particular date is equal to the aggregate value of the assets of Global DIGIT, less the aggregate value of its liabilities. Substantially all of the assets of Global DIGIT consist of cash and three credit default swaps entered into with Deutsche Bank A.G. (Canada Branch) and the related collateral.

About Global DIGIT

Global DIGIT provides an economic interest in a mezzanine tranche of credit default swap agreements in respect of portfolios of synthetic corporate exposures, mortgage-backed securities, asset-backed securities and structured finance securities. 

SOURCE GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST



Best of Content We Love 2014 


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.