BG Advantaged S&P/TSX Income Trust Index Fund
TSX : BAI.UN

BG Advantaged S&P/TSX Income Trust Index Fund

October 30, 2006 12:48 ET

BG Advantaged S&P'R'/TSX'R' Income Trust Index Fund Announces its Intention to Make a Normal Course Issuer Bid

TORONTO, ONTARIO--(CCNMatthews - Oct. 30, 2006) - BG Advantaged S&P®/TSX® Income Trust Index Fund (TSX:BAI.UN) intends to make a normal course issuer bid through the facilities of the TSX to purchase up to 1,336,300 units of the Fund representing 10% of the public float of 13,363,947 units. The Fund had 13,363,947 units issued and outstanding as at October 30, 2006.

The Units may be purchased for cancellation from November 1, 2006 to October 31, 2007 through the facilities of the TSX and may only be purchased at a price per unit not exceeding the last published net asset value per unit. The Trustee of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds.

Further information on the Fund is available at www.bromptongroup.com.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contact Information

  • Brompton Funds Management Limited
    David E. Roode
    Senior Vice-President
    (416) 642-6008
    Website: www.bromptongroup.com