Portfolio
- Equal weight portfolio of Canada's four largest publicly-listed life insurance companies and the Big Six Canadian Banks
- Selective use of covered calls to enhance returns
Split Share Structure
Preferred Shares:
- Quarterly distributions of $0.13125 per share (primarily dividends)
Class A Shares:
- Monthly distributions of $0.10 per Class A share - provided that net asset value per unit, each unit consists of one Class A and one Preferred share, is in excess of $15.00 (primarily return of capital)
- Opportunity for capital appreciation
Low Fees
Management fee of 0.60% of net assets per annum
Experienced Manager
Managed by Brompton Funds Limited, an investment fund manager since 2002.
Liquidity
TSX listing
Retraction rights
