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Diversified Investment Grade Income Trust, Series 1 (“DIGIT”) (TSX:“DGT.UN”) is an income trust providing investors with a levered exposure to a portfolio of 99 corporate credits, the objectives of which are to provide unitholders with a stream of quarterly distributions and to redeem all outstanding units on October 9, 2007 at a price of approximately $8.99 assuming no credit event occurs in the portfolio from this date to maturity.
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