Brompton Funds

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Portfolio
Investment grade portfolio: 100% of portfolio is invested in fixed income securities rated at least investment grade at time of purchase, primarily US Preferred securities, portfolio is highly diversified by issuer and issue.

Rating
Fund is rated P-2f rating from Standard & Poor’s

High Monthly Income
Pays a monthly distribution at an annual rate of $1.50 per unit

Currency Hedge
The portfolio will be hedged back to Canadian dollars to protect against currency risk.

Unique Interest Rate Hedging Strategy
The Safety Net hedge is designed to mitigate the impact of significant increases in long-term interest rates on the net asset value while permitting the portfolio to appreciate when interest rates decline. [Click to expand]

The strategy allows for potential increases in distributions if interest rates rise significantly while keeping income relatively resistant to falling interest rates. One hundred percent of the portfolio is hedged one hundred percent of the time. The Safety Net hedging strategy has been successfully employed by the Portfolio Manager since 1992.

Best-in-Class Portfolio Manager
Established in 1983, Flaherty & Crumrine Incorporated (F&C) is the oldest and most experienced asset manager specializing in preferred securities with extensive experience in debt instruments, approximately $3.7 billion AUM.

Low Fees
Management fee of 1.05% of net assets per annum, which includes fees payable to the Portfolio Manager

Strong Corporate Governance
Managed by Brompton Funds Management Limited

Liquidity
TSX listing Annual redemptions Market repurchases (issuer bid)

TSX Symbol (click for quote) FFI.UN
NAV (Nov 14, 2008) $7.67
Inception Date Dec. 15, 2004
Monthly Distribution (Nov 28, 2008) $0.125
Current Yield 18.8% per unit
(based on current monthly distribution annualized/closing market price as of 10/21/2008)
Total Assets (Oct 31, 2008) $67 million
Portfolio Composition Pie-Chart