Brompton Opportunities Funds Inc. of Toronto is winding up Brompton Energy Opportunities Fund at the end of January. As a result, the portfolio manager is no longer accepting new purchases and all units of the A-class, F-class, Series 2009 and Series 2010 will be redeemed for cash, based on the net asset value per unit of each series at the close of business on Jan. 31. Brompton decided to close the fund based on its small size and the resulting higher management expense ratio. Brompton, founded in 2000, manages about $2 billion in AUM.
(fcollie@investmentexecutive.com).
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