Blue Ribbon Income Fund Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 12:33 pm EDT
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Blue Ribbon Income Fund announced earnings results for the full year ended December 31, 2020. For the full year, the company announced negative total revenue was CAD 5.458 million compared to total Revenue of CAD 25.520 million a year ago. Net loss was CAD 6.827 million compared to net income of CAD 23.357 million a year ago. Basic loss per share from continuing operations was CAD 0.54 compared to basic earnings per share from continuing operations of CAD 1.66 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 
