|By Marketwired .||
|May 30, 2014 04:05 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 05/30/14 -- Brookfield Investment Management (Canada) Inc. (the "Manager") announces that the simple average of the net asset values of the units of the Brookfield High Yield Strategic Income Fund (the "Fund") on each of the Thursdays occurring in the month of May was $10.59. As a result, the annual redemption condition applicable to the units of the Fund has not been triggered. Units may only be redeemed on an Annual Redemption Date (the last business day of July), if the simple average of the net asset values of the units of the Fund on each of the Thursdays occurring in the month of May preceding the Annual Redemption Date is less than $10.00.
Brookfield Asset Management
Brookfield is a global alternative asset manager with $190 billion in assets under management as of March 31, 2014. We have over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. We offer a range of public and private investment products and services, which leverage our expertise and experience and provide us with a distinct competitive advantage in the markets where we operate. On behalf of our clients, Brookfield is also an active investor in the public securities markets, where our experience extends over 30 years. Over this time, we have successfully developed several investment operations and built expertise in the management of institutional portfolios, retail mutual funds, and structured product investments.
Brookfield Investment Management
Through our registered investment advisor, Brookfield Investment Management, our public market activities complement our core competencies as a direct investor. These activities encompass global listed real estate and infrastructure equities, corporate high yield investments, opportunistic credit strategies and a dedicated insurance asset management division. Headquartered in New York, NY, Brookfield Investment Management maintains offices and investment teams in Toronto, Chicago, Boston and London and has approximately $10 billion in assets under management as of March 31, 2014.
The Fund uses its web site as a channel of distribution of material company information. Financial and other material information regarding the Fund is routinely posted on and accessible at www.brookfieldim.com.
For more information, please visit www.brookfieldim.com.