Blue Ribbon Income Fund Reports Earnings Results for the Half Year Ended June 30, 2019
August 21, 2019 at 09:24 pm IST
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Blue Ribbon Income Fund announced earnings results for the half year ended June 30, 2019. For the half year, the company announced total revenue was CAD 18.043 million compared to negative total revenue of CAD 6.398 million a year ago. Net income was CAD 16.937 million compared to net loss of CAD 7.829 million a year ago. Basic earnings per share from continuing operations was CAD 1.18 compared to basic loss per share from continuing operations of CAD 0.47 a year ago.
Blue Ribbon Income Fund (the Fund) is a Canada-based mutual fund trust. The Fundâs investment objectives are to provide unitholders with high monthly distributions, together with the opportunity for capital appreciation. The Company's investment portfolio includes consumer staples, consumer discretionary; financial; industrial; materials; utilities; real estate, and communication services. The Fund manages a portfolio of publicly listed or traded securities, including income trusts, royalty trusts, real estate investment trusts, common shares, preferred securities, and debt instruments. Its investment products include ETFs, Split Share Funds, and Other Toronto Stock Exchange (TSX) Traded Funds. The Company's trustee is Computershare Trust Company of Canada. Bloom Investment Counsel, Inc. manages the fund's portfolio.
BLUE RIBBON INCOME FUND 
