Highlights

Capital Units

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 Units receive all increases in distributions and capital appreciation in the portfolio.
Based on current portfolio, approximately 70% of distributions expected to be tax deferred. The Fund increased its capital unit distributions in May 2006. The annual distribution target of $1.008 per unit is payable monthly ending Dec. 31, 2007 and announced annually thereafter.

Preferred Securities

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 The annual interest payment is $0.60 per unit. These securities are rated Pfd-2
by DBRS. There is significant downside protection and priority ranking over capital units for distributions and repayment.

Diversification
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 Actively managed portfolio of income trusts

Liquidity

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 TSX listed, ten year term and annual redemption feature for combined units and
capital units.

Eligibility
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 RRSP, DPSP, RRIF, RESP
 
 
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  2008 1Q Fact Sheet

  Top Ten Holdings
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Unit Information

TSX Ticker Symbol BSD.UN
Fund Inception March 16, 2005
Fund Termination The Fund will terminate on March 31, 2015 and its net assets will be
distributed thereafter to Unitholders unless Unitholders determine to continue
the Fund by a majority vote at a meeting called for such purpose.
Annual Redemption Units may be redeemed on the last business day of November of each year at
100% of net asset value (less associated fees). Unitholders must provide
15 business days notice when surrendering their units.
Monthly Distributions Capital Units – $0.1167
Quarterly Distributions Preferred Securities – $0.15


 

 

 

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