Energy Income Fund Announces a Special Redemption of Up to 400,000 Units
TORONTO, ONTARIO, Sep 18, 2013 (Marketwired via COMTEX) --
Energy Income Fund (TSX:ENI.UN) (the "Fund") is pleased to announce that unitholders will have the opportunity to redeem up to 400,000 units of the Fund.
A redemption date has been set for November 22, 2013. Units will be redeemed for an amount per unit equal to net asset value less redemption costs (as contemplated in the Fund's declaration of trust which is available on the Fund's SEDAR profile at www.sedar.com). In the event that requests for redemptions exceed 400,000 units, units will be redeemed on a pro rata basis.
In order to redeem their units, holders must deliver a redemption notice to their broker sufficiently in advance to ensure that such notice is then delivered to the Fund by no later than 5:00 p.m. (Toronto time) on October 25, 2013. Unitholders wishing to participate in the redemption should contact their brokers if they have any questions about how to provide a redemption notice.
Units tendered for this redemption will still be entitled to receive the October 2013 distribution which, as previously announced, will be paid on November 15, 2013.
On or about November 25, 2013, the Fund will announce the redemption price and the Fund expects to pay the redemption proceeds to redeeming unitholders on or before November 29, 2013.
Following this redemption, the Fund does not anticipate any further retraction or redemption privileges being available to unitholders in 2013.
For further information please contact your financial advisor or visit our website at www.artemisfunds.ca.
FOR FURTHER INFORMATION PLEASE CONTACT: Artemis Investment Management Investor Relations (647) 477-4886 www.artemisfunds.ca
SOURCE: Energy Income Fund
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