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BPF.UN

NEO
18.84000 CAD
0.01
0.05%
Last update May 20, 3:43 PM EDT
Market closed
Day range
18.84000
18.98000
Previous close
18.85000
Open
18.90000
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Boston Pizza Royalties Income Fund
18.84
0.01
0.05%

Overview

Description

Boston Pizza Royalties Income Fund is a unique investment entity structured as an income trust. Its primary function is to pool income from royalty streams generated by the Boston Pizza franchise operations across Canada. The fund is not directly involved in the day-to-day management of the restaurant chain but provides investors with a stable income by accumulating royalties specified as a percentage of franchise sales. This setup allows investors to benefit from the performance of the fast-casual dining sector without owning or operating the restaurants themselves. Boston Pizza is known for catering to family dining with a broad menu that includes pizzas, pastas, and a range of casual dining offerings, appealing to a wide demographic. The fund's market significance lies in its approach of capitalizing on the restaurant industry's growth and stability, offering investors exposure to consumer discretionary spending while aiming for consistent income generation.

About

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Instrument type
Common stock
Sector
Industry
Country
Canada
MIC code
NEOE
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