Brompton Funds
Portfolio
- Equal weight portfolio of Canada’s four largest publicly-listed life insurance companies
- Selective use of covered calls to enhance returns
Preferred Shares:
- Quarterly distributions of $0.13125 per share (primarily dividends)
- Monthly distributions of $0.075 per Class A share (if after payment of the distribution by the Fund, the NAV per unit is greater than $15.00) - (primarily return of capital)
- Opportunity for capital appreciation
Management fee of 0.60% of net assets per annum, which includes fees payable to Highstreet
Strong Corporate Governance
Managed by Brompton Funds Management Limited
TSX listing
Retraction right
| TSX Symbol (click for quote) |
LCS (Class A Shares) LCS.PR.A (Preferred Shares) |
| NAV (Aug 26, 2010) | $1.82 (Class A Shares) |
| Inception Date | April 18, 2007 |
| Monthly Distribution () | $0.00 (Class A Shares) |
| Current Yield of Class A Shares | 0.0% per share (based on current monthly distribution annualized/closing market price as of 9/2/2010) |
| Current Yield of Preferred Shares | 5.4% per share (based on current quarterly distribution annualized/closing market price as of 9/2/2010) |
| Quarterly Distribution (Jul 30, 2010) | $0.13125 (Preferred Shares) |
| Total Assets (Jul 31, 2010) | $27 million |
