The Shee Atiká Fund Endowment Board of Trustees is pleased to announce a special 2020 distribution.  At its regular meeting on March 27, 2020, the Board of Trustees declared the distribution for shareholders of record on March 31, 2020.  Eligible shareholders will receive $2.00/unit (share) to be mailed from Sitka on Thursday, April 9, 2020.  Those shareholders who have direct deposit will receive their funds on Tuesday, April 7, 2020.  You MUST have a current address to receive direct deposit.  Please call and verify that your address and direct deposit information are correct.  (800) 478-3534 or (907) 747-3534.

Letter to Shareholders Regarding the 2020 Distribution

Dear fellow shareholders:

I’m writing to advise you that after careful consideration, at our March 27, 2020 Board meeting, your Shee Atiká, Inc. Board, who are also the Trustees of the Shee Atiká Fund Endowment (SAFE) have declared a $2.00/unit (share) special distribution payable by mail on April 9, 2020 and by direct deposit on April 7, 2020 to SAFE beneficiaries (SAI shareholders) as of the record date of March 31, 2020.

Although the Board had previously determined that the corporation would provide one distribution in the fall, the unprecedented situation our shareholders are facing with COVID-19 and the financial impacts to our shareholders were the basis for our decision to provide a portion of the 2020 distribution earlier than planned. Your SAI Board/SAFE Trustees are committed to monitoring SAFE performance and expenses to ensure we can continue to provide prudent distributions while protecting SAFE for our future generations. The $2.00/unit (share) distribution is from the cash earnings of the trust and is not a distribution of the principal of the trust.

If you have any additional questions or comments, we encourage you to email the board, info@sheeatika.com, or contact the board through the sheeatika.com website Contact Us link.

Sincerely,

Pamela Steffes, Board Chair
Shee Atiká Incorporated
Shee Atiká Fund Endowment