NEW YORK, NEW YORK -- (Marketwired) -- 05/26/16 -- Brookfield Investment Management Inc. ("Brookfield") will host a conference call regarding the proposed reorganization of Brookfield Mortgage Opportunity Income Fund Inc. (NYSE: BOI), Brookfield Total Return Fund Inc. (NYSE: HTR) and Brookfield High Income Fund Inc. (NYSE: HHY) (each a "Fund" and together, the "Funds") into Brookfield Real Assets Income Fund Inc., a newly organized Maryland corporation (each, a "Reorganization" and collectively, the "Reorganizations") as well as the proposed appointment of Schroder Investment Management North America Inc. (SIMNA) as sub-adviser for BOI and HTR.
The call will be held on Thursday, June 9, 2016 at 4.30pm ET. If you have questions that you would like answered on the conference call, please send your question(s) to the Funds by e-mail to funds@brookfield.com by no later than 4:00pm ET on June 2, 2016.
The conference call will be available on 800-319-4610. A replay of the conference call will be available soon after completion of the call at www.brookfieldim.com or by calling 855-669-9658 (passcode: 00565) through August 7, 2016.
Additional Information about the Proposed Reorganizations and Where to Find It
This press release is not intended to, and shall not, constitute an offer to purchase or sell shares of any of the Funds, including Brookfield Real Assets Income Fund Inc.; nor is this press release intended to solicit a proxy from any shareholder of any of the Funds. The solicitation of the purchase or sale of securities or of proxies to effect the Reorganization or approval of the Sub-Advisory Agreement may only be made by a final, effective Registration Statement, which includes a definitive Joint Proxy Statement/Prospectus, after the Registration Statement is declared effective by the Securities and Exchange Commission ("SEC").
This press release references a Registration Statement, which includes a Joint Proxy Statement/Prospectus, to be filed by the Funds. A preliminary Registration Statement has been filed with the SEC. However, the Registration Statement may be amended or withdrawn and the Joint Proxy Statement/Prospectus will not be distributed to shareholders of the Funds unless and until the Registration Statement is declared effective by the SEC.
The Funds and their respective directors, officers and employees, and Brookfield Investment Management Inc., and its shareholders, officers and employees and other persons may be deemed to be participants in the solicitation of proxies with respect to the proposed Reorganizations and/or proposed Sub-Advisory Agreements. Investors and shareholders may obtain more detailed information regarding the direct and indirect interests of the Funds' respective directors, officers and employees, and Brookfield Investment Management Inc. and its shareholders, officers and employees and other persons by reading the Joint Proxy Statement/Prospectus regarding the proposed Reorganizations and proposed Sub-Advisory Agreements when it is filed with the SEC.
The Registration Statement which includes the Joint Proxy Statement/Prospectus is not yet effective, and the information contained therein is not complete and is subject to change.
INVESTORS AND SECURITY HOLDERS OF THE FUNDS ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED REORGANIZATIONS AND THE NEW SUB-ADVISORY AGREEMENTS. INVESTORS SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE FUNDS CAREFULLY. THE JOINT PROXY STATEMENT/PROSPECTUS WILL CONTAIN INFORMATION WITH RESPECT TO THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE FUNDS AND OTHER IMPORTANT INFORMATION ABOUT THE FUNDS. The Joint Proxy Statement/Prospectus will constitute neither an offer to sell securities, nor will it constitute a solicitation of an offer to buy securities, in any state where such offer or sale is not permitted.
Investors may obtain free copies of the Registration Statement and Joint Proxy Statement/Prospectus and other documents (when they become available) filed with the SEC at the SEC's web site at www.sec.gov. In addition, free copies of the Joint Proxy Statement/Prospectus and other documents filed with the SEC may also be obtained after the Registration Statement becomes effective by directing a request to Brookfield Investment Management at (855) 777-8001. In addition, subsequent communications with respect to the Reorganizations and/or Sub-Advisory Agreements will be made via public press release such as this one and/or posted on www.brookfieldim.com.
Forward-Looking Statements
Certain statements made in this news release that are not historical facts are referred to as "forward-looking statements" under the U.S. federal securities laws. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ from the historical experience of Brookfield Investment Management Inc. and the Funds managed by Brookfield Investment Management Inc. and its present expectations or projections. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Brookfield Investment Management Inc. and the Funds managed by Brookfield Investment Management Inc. undertake no responsibility to update publicly or revise any forward-looking statements.
Brookfield Investment Management (the "Firm") is an SEC-registered investment adviser providing real assets public securities strategies including global listed real estate and infrastructure equities as well as corporate credit and securitized credit. With over $16 billion of assets under management as of March 31, 2016, the Firm manages institutional separate accounts, registered funds and other investment products for clients, including financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds and high net-worth investors. Headquartered in New York, NY, the Firm and its affiliates also maintain offices in Boston, Chicago, London and Toronto. Further information is available on www.brookfieldim.com. Brookfield Investment Management Inc. is a wholly-owned subsidiary of Brookfield Asset Management, a leading global alternative asset manager with $240 billion of assets under management as of March 31, 2016. For more information, go to www.brookfield.com.
Brookfield Mortgage Opportunity Income Fund Inc., Brookfield Total Return Fund Inc. and Brookfield High Income Fund Inc. are managed by Brookfield Investment Management Inc. The Funds use their websites as a channel of distribution of material company information. Financial and other material information regarding the Funds are routinely posted on and accessible at www.brookfieldim.com.
Contacts:
Brookfield Mortgage Opportunity Income Fund Inc.
Brookfield Total Return Fund Inc.
Brookfield High Income Fund Inc.
(855) 777-8001
funds@brookfield.com
www.brookfield.com
