Business News • MarketWire • Brookfield Select Opportunities Income Fund Announces Average Net Asset Value and Status of Annual Redemption Condition |
Brookfield Select Opportunities Income Fund Announces Average Net Asset Value and Status of Annual Redemption Condition |
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Brookfield Select Opportunities Income Fund Announces Average Net Asset Value and Status of Annual Redemption Condition
TORONTO, ONTARIO--(Marketwired - July 3, 2017) - Brookfield Investment Management (Canada) Inc. (the "Manager") announces that the simple average of the net asset values of the units (the "Units") of Brookfield Select Opportunities Income Fund (the "Fund") (TSX:BSO.UN) on each business day in the month of June 2017 was $5.40. As a result, the annual redemption condition applicable to the Units (being that the simple average of the net asset values of the Units on each business day of the month of June preceding the Annual Redemption Date is less than $10.00) has been triggered and Units may be redeemed at the option of unitholders on July 31, 2017 (the "Annual Redemption Date"). Units of the Fund must be surrendered for redemption at least 15 days prior to the Annual Redemption Date, which is July 14, 2017 and payment of the proceeds of any such redemptions will be made on or before August 22, 2017.
View More : http://www.marketwired.com/mw/release.do?id=2224780&sourceType=3
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