| By PR Newswire |
Article Rating: |
|
| September 19, 2012 05:19 PM EDT |
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256 |
MONTREAL, Sept. 19, 2012 /CNW Telbec/ - Global Diversified Investment
Grade Income Trust II ("Global DIGIT II") declares the following
monthly distribution:
Trading
Symbol
|
Distribution
Amount
(per unit)
|
Record Date
|
Payable Date
|
Total Distributions
declared or paid
in 2012
(all capital
reimbursements)
|
TSX Closing Price
per unit on
September 19, 2012
|
|
GII.UN
|
$0.018
|
September 28, 2012
|
October 15, 2012
|
$0.23
|
$<0.73
|
Global DIGIT II also announces that the net asset value ("NAV") per unit
as of September 15, 2012 was estimated to be $0.43.
The NAV on a particular date is equal to the aggregate value of the
assets of Global DIGIT II, less the aggregate value of its liabilities.
Substantially all of the assets of Global DIGIT II consist of cash and
one credit default swap entered into with Deutsche Bank A.G. (Canada
Branch) and the related collateral.
About Global DIGIT II
Global DIGIT II provides an economic interest in an equity tranche of a
credit default swap agreement in respect of portfolios of residential
mortgage-backed securities, commercial asset-backed and mortgage-backed
securities, consumer asset-backed securities, structured exposures to
mortgage-backed and asset-backed and corporate securities.
SOURCE GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST II
