PAYB

Brompton Financials HighPay ETF

Actively managed portfolio of leading financial services companies.

MARKET PRICE
(Oct 23, 2026)
$24.91
DISTRIBUTION
(Oct 23, 2026)
$0.140/
semi-mo.
NAV
(Oct 22, 2026)
$25.29

NOW TRADING

Brompton Financials HighPay ETF (PAYB) is designed to provide unitholders with high income and long-term capital appreciation by investing primarily in equity securities of leading financial services companies.

 

Investment Highlights

  • Portfolio of leading financials companies
  • High income, paid twice a month from dividends and covered call writing program
  • Modest leverage for enhanced income and capital growth
  • Actively managed to adapt to changing markets
  • Competitive management fee: 0.60%
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HighPay ETFs

Learn More About HighPay ETFs

Fund Facts

  • Ticker
    PAYB (Toronto Stock Exchange)
  • CUSIP
    11223K103
  • Outstanding
    (Oct 23, 2026)120,000
  • Inception Date
    October 15, 2026
  • Manager
    Brompton Funds Limited
  • Eligibility
    All registered (RRSP, RRIF, RESP, TFSA, FHSA) and Non-Registered Investment Accounts
  • Leverage
    ~25% of NAV
  • Risk Rating
    Medium to High
  • Management Fee
    0.60%
  • Management Style
    Active
  • Currency
    CAD-Hedged
  • Category
    Equity ETFs
  • Style
    Enhanced Income & Growth
  • PM/Sub-Advisor
    Brompton Funds Limited
  • Distribution Frequency
    Semi Monthly

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Managed by Brompton Funds Limited

For over 25 years, Brompton has been providing unique, well-conceived investments for Canadians, with a focus on low management fees, performance driven diversification strategies and attractive income and growth solutions for various market cycles. Our funds are designed to address investors’ cash flow requirements and to provide them with value-added diversification strategies. Since inception, Brompton has paid out over $4.0 billion in distributions.

Michael Clare

BComm (Hons), CPA, CA, CFA
Senior Vice President, Senior Portfolio Manager

Michael Clare has over 20 years of experience in financial services and is a Senior Vice President and Senior Portfolio Manager with Brompton Group. Mr. Clare is a member of Brompton’s portfolio management team and is a co-manager of Brompton’s ETFs and split share funds. He specializes in portfolio construction, security analysis, and covered call strategies with a focus on global equities and preferred shares.

Maggie Meng

Senior Investment Analyst

Maggie Meng has over a decade of experience in the financial industry and is a Senior Investment Analyst with Brompton Funds. Since joining Brompton in 2015, Ms. Meng has held progressively senior roles and she currently specializes in equity security selection with a focus on global financials.

Summary of Investment Portfolio as at October 16, 2026

Summary of Investment Portfolio as at October 16, 2026

Total Net Asset Value $2,998,000
60.8,29.0,4.9,4.9,0.4,
37.7,19.3,13.4,8.2,7.2,4.9,4.6,2.9,1.4,0.4,

Top Holdings

% of Portfolio
% of Net Asset Value
Citigroup Inc.
9.1%
The Goldman Sachs Group, Inc.
9.1%
Morgan Stanley
8.7%
HSBC Holdings PLC ADR
4.9%
Deutsche Bank AG
4.9%
Great-West Lifeco Inc.
4.7%
Bank of New York Mellon Corp.
4.6%
Berkshire Hathaway Inc.
4.6%
Manulife Financial Corporation
4.5%
JPMorgan Chase & Co.
4.4%
Bank of Montreal
4.4%
Canadian Imperial Bank of Commerce
4.3%
The Toronto-Dominion Bank
4.3%
MetLife, Inc.
4.2%
Citizens Financial Group Inc.
4.2%
Royal Bank of Canada
4.1%
M&T Bank Corporation
4.0%
CME Group Inc.
2.9%
Brookfield Corporation
2.6%
Bank of America Corporation
2.1%
Raymond James Financial, Inc.
1.5%
Synchrony Financial
1.4%
Cash
0.4%
Total
99.9%
0%

1)The investment portfolio may change due to ongoing portfolio transactions of the ETF. The ETF gains exposure to leading financial services companies primarily by investing in Brompton North American Financials Dividend ETF (“BFIN”) and by investing directly in a portfolio of equity securities of financial services companies. Top holdings are based on a consolidation of direct equity security holdings and indirect holdings through investment in BFIN.

2)Totals may not equal 100% due to rounding.

NAV History

Returns for funds less than 1 year old cannot be displayed.

Performance

Returns for funds less than 1 year old cannot be displayed.

Distributions Table

Select a year
Record Date Payment Date Capital Gains Eligible Dividend Foreign Non- Business Income Foreign Non- Business Income Tax Paid Other Dividend Return of Capital Total Distribution
Oct 30, 2026 Nov 09, 2026 * * * * * * 0.14000
Total 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.14000

*Tax treatment of cash distributions is determined and published in February of the calendar year following the payment of said distribution.

Distributions

The actual breakdown of distributions for tax purposes will be provided to unitholders annually in March. This information will also be posted on the website as soon as it is available.

This information is of a general nature only and does not constitute legal or tax advice to any particular investor. Accordingly, prospective investors are advised to consult their own tax advisors with respect to their individual circumstances.

Tax Allocation

The tax allocation of distributions is applicable to holders who, for the purposes of the Income Tax Act (Canada), are resident in Canada and hold trust units as capital property. If this is not the case, a tax advisor should be consulted.

Holders of trust units outside of a RRSP, DPSP, RRIF, RESP or TFSA should expect to receive a T3 slip from their investment dealer. T3 supplementary slips will indicate Investment Income in Box 26, Foreign Non-Business Income in Box 25, Capital Gains in Box 21 and Dividend Income in Box 23 and Box 49. Dividend income is subject to the standard gross up and federal dividend tax credit rules.

The return of capital component is a non-taxable amount that serves to reduce the adjusted cost base of the Fund units and is reported in Box 42.

Disclaimer

Resources

Fund Documents

  • Final ETF Facts
  • Final ETF Facts – FR
  • Final Prospectus
  • Final Prospectus – FR
  • Fund Profile


News Releases

News Releases From to Search

 

 

This webpage is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. The opinions contained on this page are solely those of Brompton Funds Limited (“BFL”) and are subject to change without notice. BFL makes every effort to ensure that the information has been derived from sources believed to be reliable and accurate. However, BFL assumes no responsibility for any losses or damages, whether direct or indirect which arise from the use of this information. BFL is under no obligation to update the information contained herein. The information should not be regarded as a substitute for the exercise of your own judgment. Please read the prospectus before investing.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded fund investments. Please read the prospectus before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

Information contained on this webpage was published at a specific point in time. Upon publication, it is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. Certain statements contained on this webpage constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed on this webpage and to other matters identified in public filings relating to the ETF, to the future outlook of the ETF and anticipated events or results and may include statements regarding the future financial performance of the ETF. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.