/Not for distribution to U.S. newswire services or for dissemination in the United
States./
WINNIPEG, Dec. 16, 2016 /CNW/ - Boyd Group Income Fund (TSX:
BYD.UN) today announced a cash distribution for the month of December 2016 of $0.043 per trust unit. The distribution will be payable on January 27, 2017
to unitholders of record at the close of business on December 31, 2016.
Boyd Group Income Fund's policy is to pay monthly distributions to unitholders of record on or around the last business day of
the month.
Holders of units who are non-residents of Canada will be subject to withholding taxes in
respect of any distributions made by Boyd Group Income Fund.
ON BEHALF OF THE BOARD OF TRUSTEES
of Boyd Group Income Fund
Mr. Brock Bulbuck, President & CEO
About The Boyd Group Income Fund
The Boyd Group Income Fund is an unincorporated, open-ended mutual fund trust created for the purposes of acquiring and
holding certain investments, including a majority interest in The Boyd Group Inc. and its subsidiaries. The Boyd Group Income Fund
units trade on the Toronto Stock Exchange (TSX) under the symbol BYD.UN. For more information on The Boyd Group Inc. or Boyd
Group Income Fund, please visit our website at http://www.boydgroup.com.
About The Boyd Group Inc.
The Boyd Group Inc. (the "Company"), directly and through subsidiaries, is one of the largest operators of non-franchised
collision repair centres in North America in terms of number of locations and sales. The Company
operates locations in five Canadian provinces under the trade name Boyd Autobody & Glass (http://www.boydautobody.com), as well as in 20 U.S. states under
the trade name Gerber Collision & Glass (http://www.gerbercollision.com). The Company uses newly acquired brand names during a transition period until
acquired locations have been rebranded. The Company is also a major retail auto glass operator in the U.S. with locations
across 31 U.S. states under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority
and Autoglassonly.com. The Company also operates a third party administrator, Gerber National Claims Services ("GNCS"), that offers
glass, emergency roadside and first notice of loss services. GNCS has approximately 5,500 affiliated glass provider locations and
4,600 affiliated emergency roadside services providers throughout the U.S. For more information on The Boyd Group Inc. or Boyd
Group Income Fund, please visit our website at (http://www.boydgroup.com).
Caution concerning forward-looking statements
Statements made in this press release, other than those concerning historical financial information, may be
forward-looking and therefore subject to various risks and uncertainties. Some forward-looking statements may be identified by
words like "may", "will", "anticipate", "estimate", "expect", "intend", or "continue" or the negative thereof or similar
variations. Readers are cautioned not to place undue reliance on such statements, as actual results may differ materially from
those expressed or implied in such statements. Factors that could cause results to vary include, but are not limited to: dependence
upon The Boyd Group Inc. and its Subsidiaries; operational performance; acquisition risk; employee relations and staffing; foreign
currency risk; loss of key customers; decline in number of insurance claims; brand management and reputation; margin pressure;
market environment change; reliance on technology; weather conditions; low capture rates; competition; access to capital;
dependence on key personnel; tax position risk; quality of corporate governance; economic downturn; increased government regulation
and tax risk; interest rates; environmental, health and safety risk; fluctuations in operating results and seasonality; U.S. health
care costs and workers compensation claims; energy costs; risk of litigation; execution on new strategies; operating hazards;
insurance risk; cash distributions not guaranteed; unitholder limited liability is subject to contractual and statutory assurances
that may have some enforcement risks; and the Fund's success in anticipating and managing the foregoing risks.
We caution that the foregoing list of factors is not exhaustive and that when reviewing our forward-looking statements,
investors and others should refer to the "Risk Factors" section of the Fund's Annual Information Form, the "Risks and
Uncertainties" and other sections of our Management's Discussion and Analysis of Operating Results and Financial Position and our
other periodic filings with Canadian securities regulatory authorities. All forward-looking statements presented herein should be
considered in conjunction with such filings.
SOURCE Boyd Group Income Fund
