Brompton Top 50 Compound Growth Fund Announces Initial Public Offering.TORONTO -- Brompton Funds Management Limited ("Manager") is pleased to announce that Brompton Top 50 Compound Growth Fund ("Fund") has filed a preliminary prospectus Preliminary Prospectus A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders in respect of an initial public offering of trust units. The Fund is designed to provide unitholders with the benefits of compound investment returns on a tax deferred basis and the potential for additional capital appreciation of the portfolio, with low management fees. The compound investment returns will be generated by reinvesting the distributions from an equally weighted diversified portfolio of the top 50 income trusts, as measured by current yield, which qualify for inclusion in the S&P/TSX Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". . The Manager believes that the portfolio will be well diversified and will provide investors with an opportunity to earn an attractive compound investment return. In order to generate a compound investment return, the distributions from the income trusts included in the portfolio, less fees and expenses, but without any deduction for tax, will generally be reinvested in additional units of income trusts included in the portfolio. The Manager will, wherever practicable, utilize distribution reinvestment plans offered by some income trusts to reduce the average cost of acquiring such additional units. Distribution reinvestment plans offer commission-free purchases of units and often such purchases are available at a discount to the market price. The syndicate of agents for the offering is being co-led by RBC Capital Markets RBC Capital Markets is the corporate and investment banking division of Royal Bank of Canada ("RBC"). Broker dealers Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC:
 This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) Securities (Canada) Inc., Canaccord Capital Corporation, Desjardins Securities Inc., Blackmont Capital Inc., Dundee Securities Corporation, Raymond James Ltd., Research Capital Corporation, IPC (1) (InterProcess Communication) The exchange of data between one program and another either within the same computer or over a network. It implies a protocol that guarantees a response to a request. Securities Corporation, Wellington West Capital Inc., Acadian Securities Incorporated and Newport Securities LP. For further information, please contact your financial advisor, call our investor relations Investor relations The process by which the corporation communicates with its investors. 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 prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. |
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