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Signature Diversified Value Trust is an investment trust designed to provide investors with tax effective monthly distributions equal to an annual yield of 8.00%. Unlike similar Trusts, however, these monthly distributions will qualify as capital gains instead of interest and dividend income, which is taxed at a higher rate. As a result, the Trust's pre-tax equivalent yield is equal to 11.46% per year. In addition, the Trust will endeavour to return at least the original investment of $10 per Unit to investors on or about December 31, 2012.
HIGHLIGHTS
- Exposure to the returns on a diversified portfolio of income trusts with primary focus on ongoing business income trusts
- Portfolio management by the Signature Funds Group of CI Investments Inc.
- Provide enhanced tax efficiency relative to competing offerings
- Provide monthly distributions with conservative yield target of 8.00% and potential annual special distributions
Conservative, tax efficient yield target of 8.00% per annum (11.46% pre-tax interest equivalent yield)
- Exposure to Ongoing Business Trust Portfolio (initially 60% to 70% of net proceeds) that generates tax efficient distributions converting more taxable interest and dividend income into capital gains and return of capital through use of forward structure.
- Resource and Real Estate Portfolio (initially 30% to 40% of net proceeds) generates tax efficient distributions directly.
- Potential annual special distribution in excess of yield target of 8.00%.
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Experienced investment advisor with proven expertise
Diversification across the broad income trust universe with a focus on ongoing business income trusts
- The underlying businesses of ongoing business income trusts encompass a wide range of industries providing further diversification.
- Opportunity for participation in significant new issuance activity through active portfolio management.
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Liquidity through TSX Listing, Annual Redemption and Mandatory Market Purchase Program
Disclaimer
Please read important information about the trust.
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Semi-Annual Financial Statements as at