Blue Ribbon Income Fund Provides Portfolio Update
September 27 2018 - 3:05PM
(TSX:RBN.UN) Investors and investment advisors are
invited to listen to an update on Blue Ribbon Income Fund (the
“Fund”), hosted by Paul Bloom of Bloom Investment Counsel, Inc. A
link to the update call recorded on September 27, 2018 has been
posted to the Blue Ribbon Income Fund website. Investors may listen
by clicking the following link: Blue Ribbon Income Fund Update. The
Fund is available for purchase on the Toronto Stock Exchange under
the ticker symbol RBN.UN.
The Fund invests in a portfolio consisting
primarily of Canadian high income equities. The investment
objectives of the Fund are to provide unitholders with monthly cash
distributions and the opportunity to participate in gains in the
value of the Fund’s investment portfolio. The Fund has a current
distribution of $0.60 per unit per annum, and since inception on
September 17, 1997 to August 31, 2018, the Fund has paid cash
distributions of $18.58 per unit. The TSX closing price of the
Fund’s units on September 26, 2018 was $9.07.
The Fund also offers a distribution reinvestment
plan (“DRIP”) which provides unitholders with the ability to
automatically reinvest distributions, commission free, and realize
the benefits of compound growth Unitholders can enroll in the DRIP
program by contacting their investment advisor.
For further information, please contact your
investment advisor, call Brompton’s investor relations line at
416-642-6000 (toll-free at 1-866-642-6001), email
info@bromptongroup.com or visit our website at
www.blueribbonincomefund.com.
You will usually pay brokerage fees to your
dealer if you purchase or sell units of the investment fund on the
Toronto Stock Exchange or other alternative Canadian trading system
(an “exchange”). If the units are purchased or sold on an exchange,
investors may pay more than the current net asset value when buying
units of the investment fund and may receive less than the current
net asset value when selling them.
There are ongoing fees and expenses associated
with owning units of an investment fund. An investment fund must
prepare disclosure documents that contain key information about the
fund. You can find more detailed information about the Fund in the
public filings available on www.sedar.com. The indicated rates of
return are historical annual compound returns including changes in
unit value and reinvestment of all distributions and do not take
into account certain fees such as redemption costs or income taxes
payable by any security holder that have reduced returns.
Investment funds are not guaranteed, their values change frequently
and past performance may not be repeated.
Certain statements contained in this news
release constitute forward-looking information within the meaning
of Canadian securities laws. Forward-looking information may relate
to matters disclosed in this press release and to other matters
identified in public filings relating to the Fund, to the future
outlook of the Fund and anticipated events or results and may
include statements regarding the future financial performance of
the Fund. In some cases, forward-looking information can be
identified by terms such as “may”, “will”, “should”, “expect”,
“plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”,
“potential”, “continue” or other similar expressions concerning
matters that are not historical facts. Actual results may vary from
such forward-looking information. Investors should not place undue
reliance on forward-looking statements. These forward-looking
statements are made as of the date hereof and we assume no
obligation to update or revise them to reflect new events or
circumstances.
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