CHANGE
IN INCOME TRUST TAXATION
DOES NOT AFFECT INCOME
FINANCIAL (November 2,
2006):
Income Financial invests
in Canadian and US
corporations and not
income trusts (except for CI
which converted in June
2006). The remaining
holdings of Income Financial
are unaffected by the latest
taxation changes announced
by the Finance Minister on
November 1, 2006.
Income Financial flows
through dividends received
on the portfolio directly to
investors in the form of
dividends.
INVESTMENT
"OBJECTIVES"
Tax effective monthly distributions -
target of $2.125 per unit annually (8.5%
of issue price)
NOTE: To view
July 18, 2008 press
release regarding
distribution policy,
please
click here.
Capital preservation - preserve portfolio to return original issue price at termination in January 2014
Capital appreciation - enhance portfolio value to return above issue price at termination
INVESTMENT
"STRATEGY"
Income Financial's strategy is to invest the assets in a diversified portfolio consisting of common shares included in the TSX Financial Services Index, the S&P Financials Index and the S&P MidCap Financials Index.
To generate additional returns above the dividend and interest income earned on the Portfolio, Income Financial writes covered calls on all or part of the securities held in the Portfolio.
INVESTMENT
"HIGHLIGHTS"
High monthly income primarily in the form of tax-efficient capital gains
Attractive alternative to preferred shares, bonds and other income vehicles
Diversified quality portfolio backed by solid investments in North American Financial Services companies
Active management and proven strategy and track record by Quadravest Capital Management
100% of the net proceeds invested in active portfolio
Capital preservation and appreciation potential
Yield enhancement and risk reduction through covered call writing
Company benefits from the increased volatility in the marketplace
