Brompton Funds

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Portfolio
  • Selective use of covered calls to enhance returns
  • Equal weight portfolio of Canada's four largest publicly-listed life insurance companies and the Big Six Canadian Banks

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 NAV per unit is in excess of $15.00 - click here for further details) (primarily return of capital)
  • Opportunity for capital appreciation

Income
Attractive yields on Preferred and Class A shares

Low Fees
Management fee of 0.60% of net assets per annum, which includes fees payable to Highstreet

Strong Corporate Governance
Managed by Brompton Funds Limited

Liquidity
TSX listing
Retraction rights
Inception Date Oct. 17, 2006    
Total Assets (Dec 31, 2011) $206 million    
As of Feb 2, 2012 NAV    
Class A Share NAV $ 5.50  
Preferred Share NAV  
Unit NAV $ 15.60    
       
Share Class Class A Preferred  
TSX Symbol (click for quote) LBS LBS.PR.A  
Distribution/Share $ 0.10 $ 0.13125  
Distribution Frequency Monthly Quarterly  
Annualized Distribution $ 1.20 $ 0.525  
0.0% 5.18%  

Portfolio Composition Pie-Chart