THE FUND
The Keg Royalties Income Fund ("The Fund") is an unincorporated open-ended limited purpose trust. It is listed on the Toronto Stock Exchange (TSX) under the symbol KEG.UN. The Fund is the owner of The Keg rights, which are the trade names, trade marks, operating procedures and other intellectual property used in the operation of The Keg restaurants.
The Fund licenses Keg Restaurants Ltd. ("KRL") to use these rights and, in return, receives a 4% royalty of system sales from Keg restaurants in the Royalty Pool, which currently has 102 restaurants. The Fund's income is based on the system sales of these restaurants and not bottom line profits, therefore, it is not subject to the variability of expenses associated with an operating business.
FAST FACTS
- Stock Exchange Listing: KEG.UN/TSX
- IPO: May 31, 02
- Royalty Pool Sales 2013: $474.9 Million
- Payout Ratio (cumulative): 99.8%
- Monthly Distribution: $0.08/unit
- Restaurants in Royalty Pool: 103* (as of 1/1/14)
Trustees & Directors
View The Keg Royalties Income Fund Board of Trustees and read background information and biographies for each member.
LEARN MOREStructure & Policies
Learn about the structure of The Keg Royalties Income Fund. Also read about our detailed policies and code of ethics.
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