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TORONTO, Dec. 16, 2020 /CNW/ - Northview Canadian High
Yield Residential Fund (the "Fund") today announced its
December 2020 cash distribution
amounts on its outstanding Class A Units, Class C Units and Class F
Units Class (collectively, the "Units"), payable on
January 15, 2021 to holders of Units
of record at December 31, 2020. The
distribution amounts will be as follows:
- C$0.10476 per Class A Unit,
representing approximately C$1.26 per
Unit on an annualized basis;
- C$0.11056 per Class C Unit,
representing approximately C$1.33 per
Unit on an annualized basis;
- C$0.10807 per Class F Unit,
representing approximately C$1.30 per
Unit on an annualized basis;
About Northview Canadian High Yield Residential Fund
The Fund is a "closed-end fund" established pursuant to a
declaration of trust under the laws of the Province of Ontario for the primary purpose of indirectly
acquiring, owning and operating a portfolio of income producing
rental properties in secondary markets within Canada.
Forward-looking Statements
Certain statements in this news release contain forward-looking
information within the meaning of applicable securities laws (also
known as forward-looking statements). These forward-looking
statements include, but are not limited to, the Fund's plans,
objectives, expectations and intentions, including with respect to
the payment of distributions and the annualized pre-tax
distribution yield. Such forward-looking statements reflect the
Fund's current beliefs and are based on information currently
available to management. These statements are not guarantees of
future performance and are based on the Fund's estimates and
assumptions that are subject to risks and uncertainties, including
those discussed in the Fund's materials filed with the Canadian
securities regulatory authorities from time to time, including the
Fund's final long-form prospectus dated September 29, 2020, which could cause the actual
results and performance of the Fund to differ materially from the
forward-looking statements contained in this news release. Although
the forward-looking statements contained in this news release are
based upon what the Fund believes are reasonable assumptions, there
can be no assurance that actual results will be consistent with
these forward-looking statements. All forward-looking statements in
this news release are qualified by these cautionary statements.
These forward-looking statements are made as of today and the Fund,
except as required by applicable law, assumes no obligation to
update or revise them to reflect new information or the occurrence
of future events or circumstances.
SOURCE Northview Canadian High Yield Residential Fund