YEARS Financial Trust

YEARS Financial Trust

January 31, 2006 17:08 ET

YEARS Financial Trust Files Warrant Offering Preliminary Prospectus

TORONTO, ONTARIO--(CCNMatthews - Jan. 31, 2006) - YEARS Financial Trust (TSX:YTU.UN) is pleased to announce that it has filed a preliminary prospectus relating to its warrant offering as previously described in the Joint Management Information Circular dated November 7, 2005. Unitholders of the Fund as of the record date to be established for the offering will be issued one warrant for each unit held. Each warrant will entitle the holder thereof to purchase one unit of YEARS Financial Trust at an exercise price that will be approximately equal to the net asset value per unit at the time of filing the final prospectus. It is expected that the warrants will have a term of approximately six months.

YEARS Financial Trust is an investment fund resulting from the merger of YEARS Trust and YEARS U.S. Trust on December 16, 2005. The investment strategy of the Fund is to invest in equity securities of corporations and income trusts listed on the TSX and classified as belonging to the financials sector. Cash distributions have been initially targeted to be $1.60 per unit per annum. The portfolio is managed by Highstreet Asset Management Inc. according to their quantitative methodology which identifies those securities with attractive growth, value, quality and risk, or GVQ+R™ profiles. The Fund is managed by Brompton YTU Management Limited, a member of the Brompton Group of Companies.

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.

Contact Information

  • Brompton YTU Management Limited
    David E. Roode
    Senior Vice President
    (416) 642-6008