OAKVILLE, ONTARIO–(Marketwired – June 9, 2016) – Energy Leaders Income Fund, (TSX:HEN.UN), (the “Fund”) announces an expected monthly distribution amount for the following twelve months commencing June 30, 2016 of $0.07 per Trust Unit ($0.84 per annum). This monthly distribution amount remains the same as the regular monthly distribution paid by the Fund since its inception.
The Fund invests in an equally-weighted Portfolio of Equity Securities of 15 Energy Issuers listed on a North American stock exchange that have the following characteristics: a market capitalization of at least $10 billion determined at the time of investment; are currently paying a dividend/distribution; are eligible to have options written on their equity securities; and operations and/or offices in at least two countries.
The Fund’s investment objectives are to provide Unitholders with:
- monthly cash distributions;
- the opportunity for capital appreciation; and
- lower overall volatility of the Portfolio returns than would otherwise by experienced by owning the Equity Securities held by the Fund directly.
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Fund. The forward-looking statements are not historical facts but reflect the Fund’s, Harvest Portfolios Group Inc. (“Harvest”), the manager of the Fund and/or investment manager’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including, but not limited to, market factors. Although the Fund, Harvest, the manager of the Fund and/or investment managers believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Fund, Harvest, the manager of the Fund and/or investment manager undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
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