Highlights & Unit Information

Highlights & Unit Information

Capital Units  The quarterly distribution on the Capital Units continues to be temporarily suspended until further notice. The annual distribution target is normally announced in December of each year.
Preferred Securities The annual interest payment is $0.60 per preferred security.
Diversification Actively managed portfolio of preferred and common shares, income trusts, income securities, including bonds and debentures, Canadian mortgage-backed securities, REIT's and other equity securities.
Liquidity TSX listed and annual redemption feature for capital units and combined securities.
Eligibility RRSP, DPSP, RRIF, RESP.
TSX Ticker Symbol
Capital Units:
Preferred Securities:
BSD.UN
BSD.PR.A
Fund Inception March 16, 2005 
Fund Termination The preferred securities mature on March 31, 2020. The Fund has no fixed termination date, but the Manager may, in its sole discretion, wind-up the Fund and distribute its net assets to unitholders should the NAV fall below $15 million, subject to the trust indenture between the Fund and BNY Mellon Trust Company dated March 16, 2005 governing the 6% Preferred Securities.
Annual Redemption Units may be redeemed on the last business day of November of each year at 100% of net asset value (less associated fees). Unitholders must provide 15 business days notice when surrendering their units.

Quarterly Distribution Capital Units – Suspended
Quarterly Distributions Preferred Securities – $0.15

 

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