Net Asset Value as at June 30, 2012
MONTREAL, July 5, 2012 /CNW Telbec/ - Global Diversified Investment Grade Income Trust ("Global DIGIT") announces that the net asset value ("NAV") per unit as at June 30, 2012 was estimated to be $4.89.
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. 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