Brookfield Asset Management Inc (BAM)

[Investorman]

BAM shares that we own are class A shares.

40% of the new partnership will be owned by BAM and the company will receive dividends and growth benefits for that share. Those will be reflected in BAM's 10k numbers.

The other 60% of the new partnership will be spun off as new shares to existing BAM shareholders.

I need to do some in-depth research to evaluate why they are doing this and what the long term impact will be. I suspect they are insulating these long term assets from the more volatile ones and providing a cash dividend vehicle for the coupon clippers.