FAQ
Below are some of the commonly asked questions about The Fund.
- What are the distributions of the Fund?
- When are the distributions paid?
- When did the distributions start?
- What is the tax treatment of the distributions?
- How will the taxable portion of the distributions be communicated to unitholders?
- What is the ticker symbol for the Boston Pizza Royalties Income Fund?
1. What are the distributions of the Fund?
Recent distributions have been 9.2¢ per unit per month. Annualized, this translates to $1.104 per unit.
2. When are the distributions paid?
Boston Pizza Royalties Income Fund pays unitholders a monthly distribution. The distributions are paid on the last business day of each month. See the Distribution History Table under the Results section of this website for a historical record of distributions.
3. When did the distributions start?
The first distribution of 4.20¢ per unit for the 15-day period from July 17, 2002 to July
31, 2002 was paid on August 30, 2002. The first monthly distribution of 8.33¢ per unit was
paid September 30, 2002.
4. What is the tax treatment of the distributions?
Approximately 5-10% of the annual distribution is treated as a tax deferred return of
capital with the remaining balance considered taxable income from property. The specific
tax treatment will be reported to unitholders annually. The following table provides a
history of the distribution breakdown:
| Year | Return of Capital | Taxable |
| 2002 | 25.50% | 74.50% |
| 2003 | 25.20% | 74.80% |
| 2004 | 22.50% | 77.50% |
| 2005 | 19.40% | 80.60% |
| 2006 | 16.40% | 83.60% |
| 2007 | 11.90% | 88.10% |
| 2008 | 11.00% | 89.00% |
| 2009 | 8.00% | 92.00% |
| 2010 | 4.5% | 95.50% |
| 2011 | *1.34% | 98.66% |
| * this number represents a tax deferred return of capital |
5. How will the taxable portion of the distributions be communicated to unitholders?
All unitholders will receive a T3 Form and it will be reported in Box 26 as Other Income.
6. What exchange are the units of the Boston Pizza Royalties Income Fund traded on?
Units are traded on the Toronto Stock Exchange.
7. What is the ticker symbol for the Boston Pizza Royalties Income Fund?
BPF.UN
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