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Canpremium Announces Interim Dividend


Canbank Mutual Fund has declared an interim dividend of 10 per cent (Re 1 per unit) in its Canpremium (Roll Over) scheme. The record date for the same has been set at December 11, 2001. This is the first dividend from the fund in the current financial year. It paid its last dividend of 5 per cent in March 2001. Launched as a closed-end fund in May 91, it went open-ended in February 1998. It has been a consistent out-performer among its peers. The fund is up 34.11 per cent on year-to-date basis, as on November 20, 2001