TORONTO, July 29, 2024 (GLOBE NEWSWIRE) — (TSX: CIQ.UN) Unitholders are reminded that, as previously announced on June 12, 2024, Canadian High Income Equity Fund (the “Fund”) will terminate on August 15, 2024 (“Termination Date”).
For over 14 years, the Fund paid out 172 consecutive monthly cash distributions totaling $9.47 per unit. In the June 12, 2024 news release, the Fund noted that it had previously declared a distribution of $0.04 per unit payable to unitholders of record on June 28, 2024 with a payment date on or before July 15, 2024. There will be no other monthly distributions declared by the Fund.
In accordance with the Declaration of Trust, after all liabilities have been satisfied or provided for, the net assets of the Fund will be distributed in cash to unitholders of the Fund on a pro rata basis on or about August 16, 2024. As the units trade in the “book-entry-only…
