Brompton VIP Income Fund
TSX : VIP.PR.A

Brompton VIP Income Fund

April 15, 2009 13:37 ET

Brompton VIP Income Fund Announces Maturity of Preferred Securities

TORONTO, ONTARIO--(Marketwire - April 15, 2009) - Brompton VIP Income Fund (TSX:VIP.PR.A) announces that in accordance with the Preferred Securities trust indenture, the Fund intends to repay all Preferred Securities on May 31, 2009, the maturity date.

The total repayment amount for the Preferred Securities will be $10.02609 per security, which represents the principal of $10.00 plus interest of $0.02609 from May 15, 2009 (the date of the last distribution) to May 31, 2009. The repayment amount will be paid by the Fund on June 1, 2009. From and after May 31, 2009, the holders of Preferred Securities will not be entitled to interest or to exercise any right in respect of such securities except to receive the amount due on maturity.

Securities of Brompton VIP Income Fund are listed for trading on the Toronto Stock Exchange under the symbols VIP.UN for the Units, VIP.WT for the Warrants and VIP.PR.A for the Preferred Securities.

For further information, please call Brompton's investor relations line at 416-642-9051, (toll-free at 1-866-642-6001) or visit our website 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