Brompton Tracker Fund
TSX : BTF.UN

Brompton Tracker Fund

July 28, 2005 09:25 ET

Brompton Tracker Fund Closes Over-Allotment

TORONTO, ONTARIO--(CCNMatthews - July 28, 2005) - Brompton Tracker Fund (TSX:BTF.UN) is pleased to announce that it has completed the issuance of an additional 2,400,000 units representing total gross proceeds of $24 million. This issuance was pursuant to the exercise of the over-allotment option granted to the agents in connection with the Fund's recently completed initial public offering. With the exercise of the over-allotment option, the total amount raised by the Fund is $424 million.

The syndicate of agents for the offering is being co-led by RBC Capital Markets and CIBC World Markets Inc. and includes BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Canaccord Capital Corporation, Desjardins Securities Inc., First Associates Investments Inc., Raymond James Ltd., Dundee Securities Corporation, IPC Securities Corporation, Research Capital Corporation, Wellington West Capital Inc. and Acadian Securities Incorporated.

Brompton BTF Management Limited, a member of the Brompton Group, is the manager of the Fund. Brompton's primary business is asset management with over $2.8 billion under management.


Contact Information

  • Brompton BTF Management Limited
    David E. Roode
    Senior Vice-President
    416-642-6008