Tech Leaders Income Fund

Tech Leaders Income Fund

June 20, 2011 12:57 ET

Tech Leaders Income Fund Receives Approval for Normal Course Issuer Bid

TORONTO, ONTARIO--(Marketwire - June 20, 2011) - Tech Leaders Income Fund (TSX:TLF.UN) has received approval for a normal course issuer bid to purchase up to 790,000 units of the Fund representing approximately 10% of the public float of 7,900,000 units. The Fund may purchase up to 160,000 units in any 30 day period which is 2% of the 8,000,000 issued and outstanding units at June 14, 2011.

The units may be purchased for cancellation from June 22, 2011 to June 21, 2012 through the facilities of the TSX or other eligible alternative market and may only be purchased at a price per unit not exceeding the last published net asset value per unit. The Fund believes that such purchases are in its best interest and are a desirable use of its available funds.

For further information, please contact your financial advisor, call our investor relations line at 416-642-9051, (toll-free at 1-866-642-6001) or 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.

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 press 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.

Contact Information

  • Brompton Funds Management Limited
    Chris Cullen
    Senior Vice-President