Brompton Tracker Fund Announces Initial Public Offering.

TORONTO -- Brompton BTF Management Limited ("Manager") is pleased to announce that Brompton Tracker Fund has filed a preliminary prospectus in respect of an initial public offering of trust units.

The Fund is designed to provide unitholders with the benefits of high monthly cash distributions and low management fees, together with the opportunity for capital appreciation by investing, on an equally weighted basis, in those income funds which will be included from time to time by Standard & Poor's ("S&P") in the S&P/TSX Composite Index ("Composite Index") and which pay a regular distribution.

On May 18, 2005, S&P announced its implementation plan for including income funds in the Composite Index, Canada's premier equity index. The Fund will invest initially in a portfolio of approximately 60 income funds that the Manager anticipates will be selected by S&P for inclusion in the Composite Index, on an equally weighted basis. The Manager believes that the resulting portfolio will be well diversified, consisting of the larger capitalization income funds. As a result of the equal weight approach, each income fund would constitute approximately 1.6% of the portfolio.

The syndicate of agents for the offering is being co-led by RBC Capital Markets and CIBC World Markets Inc. and includes BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Canaccord Capital Corporation, Desjardins Securities Inc., First Associates Investments Inc., Raymond James Ltd., Dundee Securities Corporation, IPC Securities Corporation, Research Capital Corporation, Wellington West Capital Inc. and Acadian Securities Incorporated.

For further information, please contact your financial advisor or visit our website at www.bromptongroup.com.