Bloom Select Income Fund


INVESTMENT OBJECTIVES

The Fund’s investment objectives are to provide holders with:

(i) an investment in an actively managed portfolio comprised primarily of Canadian equity securities that exhibit low volatility at the time of investment; (ii) monthly cash distributions that have a large component of Canadian eligible dividends; and (iii) the opportunity for capital appreciation.

EXPERIENCED INVESTMENT MANAGER

Over 15 years of experience investing in the high yield equity area

LOW VOLATILITY & NO LEVERAGE

All securities must have a Beta of less than 1.0 at the time of investment.

The Fund does not intend to borrow money or employ other forms of leverage to acquire Portfolio Securities.

ATTRACTIVE MONTHLY DISTRIBUTION

Pays a high monthly distribution of $0.04166 or $0.50 per annum

LIQUIDITY

TSX listing and annual redemptions starting in October 2013

DISTRIBUTION REINVESTMENT PLAN

Distributions will be able to be reinvested in accordance with the DRIP commencing with the July 31, 2012 Distribution Record Date for interested unitholders. For more information please refer to the Plan Document (click here) and the DRIP Q&A (click here).

Fund Facts

Inception Date Apr 20, 2012
Symbol BLB.UN
Current Yield 4.79%
Based on current monthly distribution annualized/closing market price as of November 17, 2017
Net Asset Value $21,549,801
NAV per unit $10.6516
NAV Date Nov 16, 2017

Financial Highlights

2014

2015

2016

Net Asset Value per Unit $10.28  $8.98  $10.81 
NAV Date Dec 31, 2014  Dec 31, 2015  Dec 31, 2016 
Market Price per Unit $9.62  $8.35  $10.20 
Cash Distribution per Unit $0.50  $0.50  $0.50 
Net Assets ( $ millions) $25.9  $28.3  $25.8 

SUMMARY OF INVESTMENT PORFOLIO

Click here for the current Summary of Investment Portfolio. The Summary may change due to ongoing portfolio transactions of the Fund and is updated on a calendar quarterly basis. The Summary details the portfolio composition by sector, as well as the top 25 holdings.