Manulife Brompton Advantaged Bond Fund
TSX : MBB.UN

Manulife Brompton Advantaged Bond Fund

May 19, 2009 11:57 ET

Manulife Brompton Advantaged Bond Fund Receives Approval for Normal Course Issuer Bid

TORONTO, ONTARIO--(Marketwire - May 19, 2009) - According to the terms of its initial public offering, Manulife Brompton Advantaged Bond Fund (TSX:MBB.UN) has received approval for a normal course issuer bid to purchase up to 364,200 class A units (the "Class A Units") of the Fund representing approximately 10% of the public float of 3,642,000 Class A Units. The Fund may purchase up to 80,000 Class A Units in any 30 day period which is 2% of the 4,000,000 issued and outstanding Class A Units at May 13, 2009.

The Class A Units may be purchased for cancellation from May 21, 2009 to May 20, 2010 through the facilities of the TSX or other exchange recognized by the Ontario Securities Commission and may only be purchased at a price per Class A Unit not exceeding the last published net asset value per Class A Unit. The Manager of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds.

For additional information concerning the Fund, please call our 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