Brompton Group

 

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Portfolio
Equal weight portfolio of Canada’s "Big Six" banks
Selective use of covered call writing to enhance returns

Split Share Structure
Preferred Shares:

  • Quarterly distributions of $0.1125 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 0.55% of net assets

Experienced Manager
Managed by Brompton Funds Limited, an investment fund manager since 2002.

Liquidity
TSX listing
Retraction rights

Symbol(s)

Class A : SBC
Preferred : SBC.PR.A

NAV (Apr 17, 2014)

Class A : $13.83
Preferred : $10.05

Distribution

Class A (monthly) : $0.10000
Preferred (quarterly) : $0.11250
(preferred distribution $0.1125 commencing Dec. 1, 2012)

Distribution Annualized

Class A : $1.20000
Preferred : $0.450

Closing Price

Class A : $13.84 (Apr 22, 2014)
Preferred : $10.20 (Apr 22, 2014)

Current Yield

Class A : 8.70%
Preferred : 4.40%

Total Assets (Mar 31, 2014)

$172 million

Portfolio Summary
Investor Brochure