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:
- 5.25% yield based on $10.00 issue price, paid quarterly
- Pfd-2 rating by DBRS
- 6.0% targeted yield based on $15.00 issue price, paid monthly
- 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 (Nov 13, 2008) | $4.35 |
| Inception Date | April 18, 2007 |
| Monthly Distribution (Nov 28, 2008) |
$0.00 (Class A Shares) Click here for further details |
| Current Yield of Class A Shares | 0.0% per share (based on current monthly distribution annualized/closing market price as of 10/20/2008) |
| Current Yield of Preferred Shares | 5.8% per share (based on current quarterly distribution annualized/closing market price as of 10/20/2008) |
| Quarterly Distribution (Oct 31, 2008) | $0.13125 (Preferred Shares) |
| Total Assets (Oct 31, 2008) | $37 million |
