Distributions from the Fund may have tax benefits which result in higher after-tax cash flow than if the income had been earned as interest income. Many of the issuers of the securities in which the Fund invests are entitled to tax deductions relating to the nature of their assets, with the result that their cash distributions may exceed the amount required to be included in the income of the recipients. The excess distribution is a return of capital for tax purposes.

The impact of a return of capital is that a portion of the distribution is tax deferred and reduces the adjusted cost base of the unitholder's trust units. The reduction in the adjusted cost base of the units is ultimately taxed as a capital gain when the unit is sold for investors who hold their units as capital property.

The annual breakdown of distributions for tax purposes will be provided to unitholders annually in March as soon as possible following receipt of the information from the Fund's individual holdings. This information will also be posted on the website as soon as it is available.

This information is of a general nature only and does not constitute legal or tax advice to any particular investor. Accordingly, prospective investors are advised to consult their own tax advisors with respect to their individual circumstances.

2007 Tax Allocation

Brompton Equal Weight Income Fund is pleased to provide the following information to assist its unitholders in the preparation of their income tax returns. This information is applicable to holders who, for the purposes of the Income Tax Act (Canada), are resident in Canada and hold trust units as capital property. If this is not the case, a tax advisor should be consulted.

Holders of trust units outside of a registered retirement savings plan, registered retirement income fund or deferred profit sharing plan should expect to receive a T3 slip from their investment dealer. T3 supplementary slips will indicate Foreign Non-Business Income in Box 25, Investment Income in Box 26, Capital Gains in Box 21, Dividend Income in Box 23 and Box 49 and Return of Capital in Box 42. Dividend income will be subject to the standard gross up and federal dividend tax credit rules.

The return of capital component is a non-taxable amount that serves to reduce the adjusted cost base of the fund units.

Please select year to display the breakdown of the cash distributions payable in 20072006200520042003 on a per unit basis.