Brompton Advantaged Tracker Fund

Brompton Advantaged Tracker Fund

May 03, 2007 10:40 ET

Brompton Advantaged Tracker Fund Negotiates Lower Fees

TORONTO, ONTARIO--(CCNMatthews - May 3, 2007) - Brompton Advantaged Tracker Fund ("the Fund") (TSX:ATF.UN) is pleased to announce that it has replaced its equity forward agreement with a prepaid forward agreement that provides the same benefit of converting all distributions from the underlying income trusts to return of capital or capital gains, but at less than half the cost.

Brompton Funds Management Limited, the manager of the Fund, is focused on maintaining low costs as a means of improving investor returns. As a result of the change, fees associated with the forward agreement will be reduced from 0.55% to 0.25% per annum and the Fund's MER will be reduced by approximately 0.30%. There are no adverse tax consequences for Unitholders or the Fund as a result of this change.

For additional information, including the Fund's portfolio, please visit our website at

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 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