Brookfield New Horizons Income Fund

Overview

The Brookfield New Horizons Income Fund (the “Fund”) is an investment fund established under the laws of the Province of Ontario. Brookfield Investment Management (Canada) Inc. (the “Manager”) is the manager and investment manager of the Fund.

Objective and Strategies

The investment objectives of the Fund are:

  • to provide holders of units with tax advantaged quarterly cash distributions targeted at a rate of the average 10-Year Canadian Government Bond Yield plus 4.00%; and
  • to preserve the net asset value of the Fund (“NAV”).

Cash distributions are not fixed and may vary from quarter to quarter.

The Fund has been created to provide holders of units with a source of tax-advantaged income by obtaining exposure to a portfolio which will focus on, but not be limited to, investments in high yield corporate debt, and publicly-listed securities in infrastructure and real estate companies, across a global universe.

In actively managing the Fund, the Manager will draw upon its and its affiliates’ extensive experience across these three specialist asset classes. In selecting securities, the Manager will seek those companies that provide an attractive cash yield as well as potentially providing a level of capital appreciation over the long term. The Manager, along with its affiliates has proven experience in investing in these asset classes. The Fund may also invest in other fixed income and equity and derivative securities.

In executing its investment strategy for the Fund, the Manager will draw upon the internal experience and knowledge within Brookfield Investment Management Inc. which has in-depth knowledge of global infrastructure and global real estate securities and high yield corporate debt. Allocations across these asset classes will be based on trends and return expectations, and the Manager’s assessment of the macro-economic environment and investment landscape. The Manager will also draw upon the internal experience and knowledge within Brookfield Asset Management Inc. (“BAM”) and its affiliates, which provides extensive owner/operator insights into industry drivers and trends. In selecting investments for the Fund, the Manager will focus on, but will not be limited to, industries with which BAM is familiar.

Note: New Horizons Income Fund is managed by Brookfield Investment Management Inc.'s affiliates.

KEY STATS
  • FUND TYPE

    Canadian Closed-End Funds

  • TICKER SYMBOL

  • NAV
  • CUSIP

  • INCEPTION DATE

  • TOTAL NET ASSETS

 

Management

Gail Cecil, CFA

Managing Director, Portfolio Manager

Gail Cecil is a Portfolio Manager and responsible for the establishment of portfolio objectives and strategies for multi-strategy investments. Gail joined Brookfield Asset Management in 2003 and was primarily involved in private equity investing and principal lending activities. Since 2009, she has managed investments in public securities across a broad range of industries and asset classes for the firm’s public securities platform. Previously, Gail worked for a Canadian investment bank in its mergers and acquisitions, corporate finance and equity capital markets groups. She earned a Bachelor of Arts degree in Statistics from the University of Western Ontario, an Honors Business Administration degree from the Richard Ivey School of Business and a Master of Business Administration degree from The Wharton School, University of Pennsylvania. Gail holds the Chartered Financial Analyst© designation.

“As active managers, we continue to evaluate each holding from a risk/reward perspective.”

Gail Cecil, CFA

Pricing & Performance

Pricing Details
CURRENCY NAV DATE NAV PREVIOUS NAV CHANGE

CURRENCY

PREVIOUS NAV

Pricing Discount
MARKET PRICE MARKET PRICE DATE Previous Market Price PREMIUM / DISCOUNT

MARKET PRICE

MARKET PRICE DATE

MARKET PRICE CHANGE

PREMIUM OR DISCOUNT

Returns
CLASS PERFORMANCE DATE 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS INCEPTION

Distributions

Record Date Payment Date Amount
March 31, 2017
On or before April 17, 2017 $0.20
December 30, 2016  On or before January 16, 2017 $0.20
September 30, 2016 On or before October 17, 2016 $0.20
June 30, 2016 On or before July 15, 2016 $0.20
March 31, 2016 On or before April 15, 2016 $0.20
December 31, 2015 On or before January 15, 2016 $0.20
September 30, 2015 On or before October 15, 2015 $0.20
June 30, 2015 On or before July 15, 2015 $0.20
March 31, 2015 On or before April 15, 2015 $0.20
December 31, 2014 On or before January 15, 2015 $0.20
September 30, 2014 On or before October 15, 2014 $0.20
June 30, 2014 On or before July 15, 2014 $0.20
March 31, 2014 On or before April 15, 2014 $0.20
December 31, 2013 On or before January 14, 2014 $0.20
September 30, 2013 On or before October 22, 2013 $0.20
June 28, 2013 On or before July 22, 2013 $0.20
March 28, 2013 On or before April 19, 2013 $0.20
December 31, 2012 On or before January 22, 2013 $0.20
September 28, 2012 On or before October 22, 2012 $0.20
June 29, 2012 On or before July 23, 2012 $0.20
March 30, 2012 On or before April 23, 2012 $0.20
December 30, 2011 On or before January 23, 2012 $0.20
September 30, 2011 On or before October 24, 2011 $0.20
June 30, 2011 On or before July 22, 2011 $0.20

Literature & Filings

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Documents

Financial Reports

Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2017)
Annual Management Report of Fund Performance (December 31, 2016)
Annual Financial Statements (December 31, 2016)
Annual Information Form
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended September 30, 2016)
Interim Management Report of Fund Performance
Interim Financial Statements
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2016)
2015 Annual Report of the Independent Review Committee
Brookfield New Horizons Income Fund - Annual Information Form
Brookfield New Horizons Income Fund - Annual Management Report of Fund Performance (December 31, 2015)
Brookfield New Horizons Income Fund - Annual Financial Statements (December 31, 2015)
New Horizons Master Fund - Annual Information Form
New Horizons Master Fund - Annual Management Report of Fund Performance (December 31, 2015)
New Horizons Master Fund - Annual Financial Statements (December 31, 2015)
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended September 30, 2015)
Brookfield New Horizons Income Fund - Interim Management Report of Fund Performance (June 30, 2015)
Brookfield New Horizons Income Fund - Interim Financial Statements (June 30, 2015)
New Horizons Master Fund - Management Report of Fund Performance (June 30, 2015)
New Horizons Master Fund - Interim Financial Statements (June 30, 2015)
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2015)
2014 Annual Report of the Independent Review Committee
Brookfield New Horizons Income Fund - Annual Information Form
Brookfield New Horizons Income Fund - Annual Management Report of Fund Performance (December 31, 2014)
Brookfield New Horizons Income Fund - Annual Financial Statements (December 31, 2014)
New Horizons Master Fund - Annual Information Form
New Horizons Master Fund - Annual Management Report of Fund Performance (December 31, 2014)
New Horizons Master Fund - Annual Financial Statements (December 31, 2014)
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended September 30, 2014)
Brookfield New Horizons Income Fund - Interim Management Report of Fund Performance (June 30, 2014)
Brookfield New Horizons Income Fund - Interim Financial Statements (June 30, 2014)
New Horizons Master Fund - Interim Management Report of Fund Performance (June 30, 2014)
New Horizons Master Fund - Interim Financial Statements (June 30, 2014)
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2014)
Brookfield New Horizons Income Fund - Annual Information Form
New Horizons Master Fund - Annual Information Form
Brookfield New Horizons Income Fund - Annual Management Report of Fund Performance (December 31, 2013)
Brookfield New Horizons Income Fund - Annual Financial Statements (December 31, 2013)
New Horizons Master Fund - Annual Management Report of Fund Performance (December 31, 2013)
New Horizons Master Fund - Annual Financial Statements (December 31, 2013)
Brookfield New Horizons Income Fund - Quarterly Statement of Investment Portfolio (for the period ended September 30, 2013
Brookfield New Horizons Income Fund - Interim Management Report of Fund Performance (June 30, 2013)
Brookfield New Horizons Income Fund - Interim Financial Statements (June 30, 2013)
New Horizons Master Fund - Interim Management Report of Fund Performance (June 30, 2013)
New Horizons Master Fund - Interim Financial Statements (June 30, 2013)
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2013)
Brookfield New Horizons Income Fund - Annual Information Form
Brookfield New Horizons Income Fund - Annual Management Report of Fund Performance (December 31, 2012)
Brookfield New Horizons Income Fund - Annual Financial Statements (December 31, 2012)
New Horizons Master Fund - Annual Management Report of Fund Performance (December 31, 2012)
New Horizons Master Fund - Annual Financial Statements (December 31, 2012)
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended September 30, 2012)
Brookfield New Horizons Income Fund - Interim Management Report of Fund Performance (For the period January 1, 2012 to June 30, 2012)
Brookfield New Horizons Income Fund - Interim Financial Report (June 30, 2012)
New Horizons Master Fund - Interim Management Report of Fund Performance (For the period January 1, 2012 to June 30, 2012)
New Horizons Master Fund - Interim Financial Statements (June 30, 2012)
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2012)
Brookfield New Horizons Income Fund - Annual Information Form
New Horizons Master Fund - Annual Information Form
Brookfield New Horizons Income Fund - Management Report of Fund Performance (For the period April 1, 2011 to December 31, 2011)
Brookfield New Horizons Income Fund - Annual Financial Statements (December 31, 2011)
New Horizons Master Fund - Management Report of Fund Performance (For the period April 1, 2011 to December 31, 2011)
New Horizons Master Fund - Annual Financial Statements (December 31, 2011)
Annual Report of the Independent Review Committee
Brookfield New Horizons Income Fund - Quarterly Summary of Investment Portfolio (For the period ended September 30, 2011)
Brookfield New Horizons Income Fund - Management Report of Fund Performance (For the period April 1, 2011 to June 30, 2011)
Brookfield New Horizons Income Fund - Interim Financial Statements (June 30, 2011)
New Horizons Master Fund - Interim Management Report of Fund Performance (For the period April 1, 2011 to June 30, 2011)
New Horizons Master Fund - Interim Financial Statements (June 30, 2011)
Prospectus (March 1, 2011)

Corporate Governance

2016 Independent Review Committee Report to Unitholders
Brookfield New Horizons Income Fund - 2016 Proxy Voting Disclosure
New Horizons Master Fund - 2016 Proxy Voting Disclosure
Brookfield New Horizons Income Fund - 2015 Proxy Voting Disclosure
New Horizons Master Fund - 2015 Proxy Voting Disclosure
Brookfield New Horizons Income Fund - 2014 Proxy Voting Disclosure
New Horizons Master Fund - 2014 Proxy Voting Disclosure
2013 Independent Review Committee Report to Unitholders
Brookfield New Horizons Income Fund - 2013 Proxy Voting Disclosure
New Horizons Master Fund - 2013 Proxy Voting Disclosure
2012 Independent Review Committee Report to Unitholders
Brookfield New Horizons Income Fund - 2012 Proxy Voting Disclosure
New Horizons Master Fund - 2012 Proxy Voting Disclosure
2011 Independent Review Committee Report to Unitholders
Brookfield New Horizons Income Fund - 2011 Proxy Voting Disclosure
New Horizons Master Fund - 2011 Proxy Voting Disclosure
Proxy Voting
Brookfield New Horizons Income Fund Annual Redemption

Other

Brookfield New Horizons Income Fund Announces Q1 2017 Quarterly Distribution
Brookfield New Horizons Income Fund Announces Q4 2016 Quarterly Distribution
Brookfield New Horizons Income Fund Announces Q3 2016 Quarterly Distribution
Brookfield New Horizons Income Fund Announces Change to Annual Redemption Date
Brookfield New Horizons Income Fund Announces Q2 2016 Quarterly Distribution
Brookfield New Horizons Income Fund Announces Q1 2016 Quarterly Distribution
Brookfield New Horizons Income Fund Announces Expiry of Forward Agreement and Amendments to Declaration of Trust

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