Business & Finance
Business and Finance
Business and Finance
Mon, February 13, 2012 
February 13, 2012 16:09 ET
Bloom Investment Counsel Provides Investment Update
TORONTO, ONTARIO--(Marketwire - Feb. 13, 2012) -(TSX:RBN.UN)(TSX:CIQ.UN) Advisors and investors are invited to listen to Bloom Investment Counsel's market update for both the [ Blue Ribbon Income Fund ] and the [ Canadian High Income Equity Fund ]. Award-winning lead portfolio manager Paul Bloom discusses how he was able to significantly outperform the market in 2011 and shares his views and outlook on the markets and the growing High Income Equity sector.
To listen to the entire conference call, please visit [ www.bromptongroup.com ] and click on the link on our homepage or [ www.blueribbonincomefund.com ].
| Compound Annual Returns1 | 1-Year | 3-Year | 5-Year | 10-Year | Since Inception | Yield4 | |||||||||
| Blue Ribbon Income Fund (TSX:RBN.UN) | 8.0 | % | 24.3 | % | 9.3 | % | 12.5 | % | 12.7%2 | 5.9 | % | ||||
| Canadian High Income Equity Fund (TSX:CIQ.UN) | 10.7 | % | n/a | n/a | n/a | 16.0%3 | 6.6 | % | |||||||
| S&P/TSX Composite Total Return Index | -8.7 | % | 13.2 | % | 1.3 | % | 7.0 | % | 6.2 | % | 4.0 | % | n/a | ||
Bloom Investment Counsel was established in 1985 and is a specialist in income-oriented investments. Paul Bloom has over 40 years of experience in the Canadian investment industry, with the last 27 years as principal and founder of Bloom Investment Counsel. Paul has previously been selected as one of the 50 Top Gun Portfolio Managers covering Canadian equities by Brendan Wood International.
1Returns are net asset value returns for the periods ended Dec. 31, 2011 and are unaudited. Returns for RBN.UN were calculated based on publicly available information and accounting records. Annualized returns were calculated on a total return basis by assuming reinvestment of each cash distribution and deemed distribution on the exercise of rights/warrants into additional units. 2Period from Sept. 16, 1997 to Dec. 31, 2011. 3 Period from Feb. 18, 2010 to Dec. 31, 2011. 4 As of Jan. 31, 2012 based on closing price.
Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the Funds' publicly filed documents which are available from SEDAR at [ www.sedar.com ]. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Funds, to the future outlook of the Funds and anticipated events or results and may include statements regarding the future financial performance of the Funds. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information.
