Low Volatility U.S. Equity Income Fund Announces Year End Results

TORONTO, March 21, 2019 (GLOBE NEWSWIRE) -- (TSX: LVU.UN) Low Volatility U.S. Equity Income Fund (the “Fund”) announces results of operations for the year ended December 31, 2018. Decrease in net assets attributable to equity holders amounted to $0.15 million or $0.32 per unit.  As at December 31, 2018, net assets attributable to equity holders were $3.73 million or $4.96 per unit. Cash distributions to equity holders totaling $0.26 million or $0.57 per unit were paid during the year.

The Fund’s investment objectives are (i) to maximize risk adjusted returns for unitholders; and (ii) to pay unitholders monthly cash distributions in an amount targeted to be 5.0% per annum on the NAV per unit.

The Fund achieves its investment objectives by investing in a conservative portfolio consisting principally of large capitalization equity securities selected from the S&P 100 Index with a beta of less than 1.0. Beta is a financial term used as a measure of a security’s or a portfolio’s return in relation to the market. A beta of less than 1.0 indicates that the price of a security will generally vary to a lesser extent than the movement of the market and a beta of greater than 1.0 indicates that the price of a security will generally vary to a greater extent than the movement of the market. In addition, up to 25% of the NAV of the Fund may be invested in securities of other issuers included in the S&P 100 Index.

The Fund employs a proprietary investment strategy, Strathbridge Selective Overwriting (SSO), to enhance the income generated by the portfolio and to reduce volatility.

The Fund’s investment portfolio is managed by its investment manager, Strathbridge Asset Management Inc.  The Fund’s units are listed on the TSX under the symbol LVU.UN.

For further information, please contact your financial advisor, call our investor relations line at 416.681.3966, toll free at 1.800.725.7172 or visit www.strathbridge.com.