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KEG_u – KEG Royalties Income Fund

Not Compliant

—X—

KEG Royalties Income Fund is not compliant with Shariah. The company is involved in Other Financial Vehicles and related activities.

$141,375,849

Market cap

84.06%

Revenue Growth

-

Analysts' Rating

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N/A

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

The Keg Royalties Income Fund (the Fund) is a Canada-based limited purpose, open-ended trust. The Fund’s objective is to provide consistent monthly distributions to unitholders at the highest sustainable level. The Fund, through its subsidiary, The Keg Rights Limited Partnership (the Partnership), purchased The Keg trademarks and other related intellectual property (the Keg Rights) from Keg Restaurants Ltd. (KRL). The business of the Partnership is the ownership of the Keg Rights and through a license and royalty agreement with KRL to exploit the use of the Keg Rights and the collection of the royalty payable under the license and royalty agreement equal to about 4% of gross sales of Keg restaurants included in a specific pool (the Royalty Pool). KRL’s principal activity is the operation and franchising of Keg steakhouse and bar restaurants in Canada and the United States. The Keg GP Ltd. is the general partner of the Partnership and administrator of the Fund.

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