Blue Ribbon Income Fund Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 02:40 pm EDT
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Blue Ribbon Income Fund announced earnings results for the half year ended June 30, 2020. For the half year, the company announced negative total revenue was CAD 22.817 million compared to total Revenue of CAD 18.043 million a year ago. Net loss was CAD 23.534 million compared to net income of CAD 16.937 million a year ago. Basic loss per share from continuing operations was CAD 1.84 compared to basic earnings per share from continuing operations of CAD 1.18 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 
