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
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