Global Diversified Investment Grade Income Trust II - Net Asset Value as at June 30, 2012

Published on Thursday, 05 July 2012 16:41 Written by TradersHuddle Staff

MONTREAL, July 5, 2012 /CNW Telbec/ - Global Diversified Investment Grade Income Trust II ("Global DIGIT II") announces that the net asset value ("NAV") per unit as at June 30, 2012 was estimated to be $0.46.

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 one credit default swap 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 a credit default swap agreement in respect of portfolios of residential mortgage-backed securities, commercial asset-backed and mortgage-backed securities, consumer asset-backed securities, structured exposures to mortgage-backed and asset-backed and corporate securities.

SOURCE GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST II