Brookfield Select Opportunities Income Fund Announces Average Net Asset Value and Status of Annual Redemption Condition
TORONTO, June 29, 2018 (GLOBE NEWSWIRE) -- 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 2018 was $4.81. 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, 2018 (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 16, 2018 and payment of the proceeds of any such redemptions will be made on or before August 22, 2018. The redemption price will be the net asset value per unit as of the Annual Redemption Date.
Brookfield Investment Management (Canada) Inc. and Brookfield Investment Management Inc. (together, the "Firm") are the manager and investment manager of the Fund, respectively.
Brookfield Investment Management Inc. (the “Firm”) is an SEC-registered investment adviser and represents the Public Securities platform of Brookfield Asset Management, Inc., providing global listed real assets strategies including real estate equities, infrastructure equities, multi-strategy real asset solutions and real asset debt. With more than $18 billion of assets under management as of March 31, 2018, the Firm manages separate accounts, registered funds and opportunistic strategies for institutional and individual clients, including financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds and high net worth investors. The Firm is a wholly-owned subsidiary of Brookfield Asset Management, Inc., a leading global alternative asset manager with approximately $285 billion of assets under management as of March 31, 2018. For more information, go to www.brookfield.com.
The Fund uses its website as a channel of distribution of material company information. Financial and other material information regarding the Fund is routinely posted on and accessible at www.brookfield.com.
For more information, please visit www.brookfield.com or contact:
Tel: (855) 777-8001
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