Brand Leaders Income Fund announces normal course issuer bid August 15, 2011

TORONTO, Aug. 11, 2011 /CNW/ -- 
TORONTO, Aug. 11, 2011 /CNW/ - Harvest Portfolios Group Inc., the
 manager (the "Manager") of Brand Leaders Income Fund (the "Fund") today
 announced that the Fund will commence a normal course issuer bid to
 purchase a portion of the outstanding trust units (TSX: HBL.un) on the
 Toronto Stock Exchange ("TSX"). The purpose of the normal course issuer
 bid is to provide the Fund with a mechanism to decrease the potential
 spread between the net asset value per unit and the market price of the
 trust units and to provide enhanced liquidity for the trust units. The
 Fund intends to purchase up to 259,747 trust units, representing 10% of
 the public float of the securities issued and outstanding. These
 purchases will be made in accordance with applicable regulations, and
 will be effected through the facilities of TSX over a maximum period of
 12 months commencing on August 15, 2011 and ending on the earlier of
 August 14, 2012 or on such date as the Fund completes its purchase
 under the normal course issuer bid or on such date as the Fund may
 otherwise determine. Trust units purchased will be cancelled. The Fund
 had 2,601,378 trust units issued and outstanding and will not purchase
 in any given 30 day period, in the aggregate more than 52,027, being 2%
 of the issued and outstanding trust units as at August 15, 2011.


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p For media inquiries or additional information: please contact Harvest  Portfolios Group Inc. at a href="mailto:[e-mail]" cr="true"[e-mail]/a or at 1-866-998-8298. /p 

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