Brompton Funds
Investment Mandate
To provide a high level of monthly distributions and the opportunity to participate in capital gains by actively managing a portfolio of publicly listed or traded securities, including income trusts, royalty trusts, real estate investment trusts, common shares, preferred securities and debt instruments.
Proven Portfolio Manager
Bloom Investment Counsel is a specialist in income-oriented investments with a strong long-term track record. Paul Bloom, the President of Bloom Investment Counsel, was recognized as one of its 50 TopGun Canadian Equity Portfolio Managers by Brendan Wood International in September 2009.
Attractive Monthly Distributions
Pays a high monthly distribution of $0.055 per unit.
Low Fees
Combined annual administration and investment management fee of 1.0% of NAV per annum.
Strong Corporate Governance
Brompton Funds Limited has been engaged to provide administration services required by the Fund.
Liquidity
TSX listing
Annual redemptions
| Click for Quote | (TSX: RBN.UN) (OTC: BLUBF) |
| NAV(Feb 2, 2012) |
$11.46 (Basic)
The basic net asset value per unit is calculated by dividing the net assets of the Fund, which consists of total assets less the aggregate value of the liabilities, not including issued but unexercised warrants, by the total number of units outstanding.
Diluted net asset value per unit assumes the exercise of all outstanding warrants if the closing price per unit on the valuation date is in excess of the warrant exercise price. Total net assets would be increased by the amount of cash received (all warrants outstanding multiplied by the warrant exercise price, less costs) from exercise of the warrants and total units outstanding would be increased by the number of units issued pursuant to the exercise of the warrants. If the closing price per unit on the valuation date is less than the warrant exercise price, the basic and diluted net asset value per unit will be the same.
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| Inception Date | September 16, 1997 |
| Monthly Distribution (Jan 31, 2012) | $0.055 |
| Current Yield | 5.9% per unit (based on current monthly distribution annualized/closing market price as of 2/3/2012) |
| Total Assets (Dec 31, 2011) | $238 million |
Note: On December 31, 2009 Series S-1 Income Fund merged into Blue Ribbon Income Fund, for historical information on Series S-1 Income Fund click here