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The lead portfolio manager for the Fund will be Mr. Dana Erikson, who is supported by a team of experienced investment professionals. Mr. Erikson has over 20 years of investment experience in the high yield and loan business, including management of multiple closed- and open-end high yield and multi-sector funds. Mr. Erikson is supported by Hyperion Brookfield's teams of specialists in the asset-backed securities, mortgage-backed securities ("MBS") and corporate bond sectors.
"We are pleased to be appointed as investment adviser for the Strategic Income Fund and look forward to continuing to manage the portfolio according to its primary investment objective of seeking high current income," said Mr. John Feeney, Hyperion Brookfield's President and CEO.
At the August 25th meeting, the Fund's shareholders also elected a new board of trustees for the Fund consisting primarily of individuals who serve as trustees or directors of the other registered investment companies currently managed by Hyperion Brookfield.
About Hyperion Brookfield
Hyperion Brookfield is a registered investment advisor located in New York City. The firm was founded in 1989 to provide relative value driven fixed income investment strategies, such as core fixed income, high yield, and specialized MBS. Hyperion Brookfield manages in excess of $16 billion for a client base including pension funds, financial institutions, registered investment companies, insurance companies and foundations. Hyperion Brookfield is a subsidiary of Brookfield Asset Management Inc., a global asset manager focused on property, power and other infrastructure assets with approximately US$80 billion of assets under management.
Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements that are based on various assumptions (some of which are beyond our control) may be identified by reference to a future period or periods or by the use of forward-looking terminology, such as "may," "will," "believe," "expect," "anticipate," "continue," "should," "intend," or similar terms or variations on those terms or the negative of those terms. Although we believe that the expectations contained in any forward-looking statement are based on reasonable assumptions, we can give no assurance that our expectations will be attained. We do not undertake, and specifically disclaim any obligation, to publicly release any update or supplement to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.
For more information on the Fund, please visit our website at www.hyperionbrookfield.com.
Contacts: Hyperion Brookfield Asset Management, Inc. Investor Relations Department 1-800 HYPERION
SOURCE: 40/86 Strategic Income Fund
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