Brompton Oil Split Corp.
TSX : OSP
TSX : OSP.PR.A

Brompton Oil Split Corp.

August 13, 2015 10:57 ET

Brompton Oil Split Corp. Market & Portfolio Update

TORONTO, ONTARIO--(Marketwired - Aug. 13, 2015) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Investors and investment advisors are invited to listen to an update on Brompton Oil Split Corp. (the "Fund") (TSX:OSP)(TSX:OSP.PR.A), including comments on current developments in the energy markets by Brompton's Senior Vice President and Senior Portfolio Manager Laura Lau. Investors may listen to the recorded update call on Brompton's website at www.bromptongroup.com. The Fund is available for purchase on the Toronto Stock Exchange under the ticker symbols OSP (class A shares) and OSP.PR.A (preferred shares).

The Fund's portfolio has been reconstituted in order to position the Fund to benefit from emerging developments in the energy markets. The reconstitution was targeted to:

  • increase exposure to refiners and integrated producers in order to benefit from strong refining margins;
  • reduce exposure to Alberta as a result of uncertainty regarding the provincial royalty review;
  • increase the exposure to low cost U.S. shale plays since these companies will be early beneficiaries of an oil price recovery; and
  • replace holdings whose balance sheets have weakened in the current commodity price environment.

Following reconstitution, the portfolio is comprised of the shares of the following companies:

ARC Resources Ltd. Cimarex Energy Co. PrairieSky Royalty Ltd.
Canadian Natural Resources Limited EOG Resources Inc. Suncor Energy Inc.
ConocoPhillips Husky Energy Inc. Valero Energy Corporation
Crescent Point Energy Corp. Keyera Corp. Vermilion Energy Inc.
Chevron Corporation Occidental Petroleum Corporation Exxon Mobil Corporation
Pioneer Natural Resources Co.

About Brompton Funds

Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with over $2.2 billion in assets under management. Brompton's investment solutions include TSX listed closed-end funds, mutual funds, hedge funds and flow-through limited partnerships. 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.bromptongroup.com.

You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment funds on the Toronto Stock Exchange or other alternative Canadian trading platform (an "exchange"). If the shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying shares 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 shares 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 at www.sedar.com. 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 news 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 of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

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