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Business Trust Equal Weight Income Fund Renews Normal Course Issuer Bid.


TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing  -- Business Trust Equal Weight Income (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:BWI BWI
abbr.
British West Indies
.UN) Fund intends to renew its normal course issuer bid through the facilities of the TSX to purchase up to 494,000 units of the Fund representing approximately 10% of the public float of 4,941,726 units. The Fund had 5,012,812 units issued and outstanding as at October October: see month.  26, 2005. Since November November: see month.  8, 2004, the Fund has purchased 130,800 units under its current bid at an average price of $10.67 per unit and has subsequently cancelled such units.

The units may be purchased for cancellation from November 8, 2005 to November 7, 2006 through the facilities of the TSX and may only be purchased at a price per unit not exceeding the last published net asset value per unit. Purchases pursuant to the normal course issuer bid would be accretive and therefore enhance returns to continuing unitholders.

Further information of the Fund is available at www.bromptongroup.com.

Business Trust Equal Weight Income Fund (TSX:BWI.UN)
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Publication:Business Wire
Date:Oct 31, 2005
Words:170
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