Global Diversified Investment Grade Income Trust II - Net Asset Value as at October 15, 2009
Mon Oct 19, 4:30 PMMONTREAL, Oct. 19 /CNW Telbec/ - Global Diversified Investment Grade Income Trust II ("Global DIGIT II") announces that the net asset value ("NAV") per unit as of October 15, 2009 was estimated to be $0.37.
The NAV on a particular date is equal to the aggregate value of the assets of Global DIGIT II, less the aggregate value of its liabilities. Substantially all of the assets of Global DIGIT II consist of cash and three credit default swaps entered into with Deutsche Bank A.G. and the related collateral.
About Global DIGIT II
Global DIGIT II provides an economic interest in an equity tranche of credit default swap agreements in respect of portfolios of mortgage-backed securities, asset-backed securities, structured finance securities and synthetic corporate exposures.
ContactsFrançois Rivard(514) 879-6405 http://info.fbn.ca/trusts
