CALGARY, ALBERTA--(CCNMatthews - April 20, 2006) - MYDAS Fund (TSX:MYF.UN) reports the distribution to unitholders of record at the close of business on April 30, 2006 and payable on May 15, 2006 is $0.11 Cdn per unit.
Throughout the month of March 2006, MYDAS Fund repurchased 85,300 units at an average price of $14.90 per unit under its mandatory repurchase program, which represented a discount to net asset value of 5.6%.
As at April 12, 2006, MYDAS's net asset value was $15.76 per unit. The current portfolio consists of 37% income funds, 41% oil and gas royalty trusts, 10% real estate investment trusts, 2% power generation funds and 10% cash and cash equivalents.
Top Ten Holdings at April 18, 2006: 1) Harvest Energy Trust 2) Canetic Resources Trust 3) Baytex Energy Trust 4) NAL Oil & Gas Trust 5) Trilogy Energy Trust 6) Shiningbank Energy Income Fund 7) TransForce Income Fund 8) Esprit Energy Trust 9) KCP Income Fund 10) Keystone North America Inc. Income
FOR FURTHER INFORMATION PLEASE CONTACT:
MYDAS Fund
Joe MacDonald
Executive Vice President, Sales and Marketing
1-877-261-9674
Website: www.citadelfunds.com
