Brompton Enhanced Multi-Asset Income ETF

  • Management Style
    Active
  • Closing Price (Oct 02, 2023)
    $11.65
  • NAV (Oct 02, 2023)
    $11.67
  • Distribution Rate (Oct 03, 2023)
    10.30%
Fund Profile Fund Profile - FR Why Invest Why Invest - FR Commentary Portfolio Summary KYP Resources
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Canada’s 1st Enhanced Multi-Asset ETF

 

Brompton Enhanced Multi-Asset Income ETF (BMAX) is designed to provide attractive monthly distributions and the opportunity for capital appreciation by investing in a portfolio of Brompton ETFs and preferred shares.

By combining multiple investment strategies diversified by geography, sector, and asset class, this exchange-traded fund provides simple, low-cost access to an actively managed portfolio built for various market conditions.

Reason to Invest

  • Diversified solution for income & growth
  • 10% distribution rate, paid monthly¹
  • Diversification across asset classes, sectors and geographies
  • Cost-effective: 0% management fee at the ETF level²
  • Modest leverage (33% of NAV) to enhance portfolio income & capital appreciation potential
  • Medium risk-rating

This ETF is for Investors who are...

  • Seeking stable enhanced monthly cash distributions
  • Seeking opportunity for capital appreciation and lower overall volatility of portfolio returns than would otherwise be experienced by owning securities or individual funds directly
  • Can handle the ups and downs of the stock market

FUND FACTS

  • Ticker
    BMAX
  • CUSIP
    11221Y105
  • Outstanding (Oct 03, 2023)
    4,020,000
  • Inception Date (CAD Hedged)
    October 20, 2022
  • Management Fee
    0.00%
  • Manager/Portfolio Manager
    Brompton Funds Limited
  • Currency
    CAD
  • Eligibility
    All registered and non-registered accounts
  • Distribution
    $0.1000/month
  • Risk Rating
    Medium

Manager/Portfolio Manager:

Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with income focused investment solutions including exchange-traded funds and other TSX traded investment funds. Brompton’s Portfolio Management team specializes in Canadian and global equity investments and is a leading manager of covered call writing strategies in Canada.

(1) Annualized distribution rate based on the initial issue price of $12.00.

(2) Subject to fees of the underlying ETFs held in the BMAX portfolio.

Market Data provided by TMX, and powered by QuoteMedia

Brompton Enhanced Multi-Asset Income ETF

Summary of Investment Portfolio as at August 31, 2023

Total Asset Value$62,764,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
Brompton Flaherty & Crumrine Investment Grade Preferred ETF19.9
Brompton Tech Leaders Income ETF12.8
Brompton European Dividend Growth ETF10.2
Brompton Split Corp. Preferred Share ETF10.0
Brompton Global Dividend Growth ETF9.8
Brompton Sustainable Real Assets Dividend ETF9.7
Brompton North American Low Volatility Dividend ETF9.5
Brompton Global Healthcare Income & Growth ETF9.1
Brompton North American Financials Dividend ETF9.0
Total100%0%

1)The investment portfolio may change due to ongoing portfolio transactions of the investment fund. Quarterly updates are available on the Fund's website at www.bromptongroup.com within 60 days of each quarter end.

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

NAV History

Growth of $10,000(1)

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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 following information 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.

Select a year
Record Date Payment Date Capital Gains Eligible Dividend Foreign Non- Business Income Foreign Non- Business Income Tax Paid Other Income Return of Capital Total Distribution
Sep 30, 2023 Oct 16, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10000
Aug 31, 2023 Sep 15, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10000
Jul 31, 2023 Aug 15, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10000
Jun 30, 2023 Jul 17, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10000
May 31, 2023 Jun 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10000
Apr 28, 2023 May 12, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10000
Mar 31, 2023 Apr 17, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10000
Feb 28, 2023 Mar 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10000
Jan 31, 2023 Feb 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10000
Dec 30, 2022 Jan 16, 2023 0.00000 0.00666 0.00903 (0.00241) 0.00000 0.08672 0.10000
Nov 30, 2022 Dec 14, 2022 0.00000 0.00666 0.00903 (0.00241) 0.00000 0.08672 0.10000
Oct 31, 2022 Nov 14, 2022 0.00000 0.00666 0.00903 (0.00241) 0.00000 0.08672 0.10000
Total 0.00000 0.01998 0.02709 (0.00723) 0.00000 0.26016 1.20000
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Quick Contact

General Inquiries: (416) 642-9061|Investor Relations: (416) 642-6000|Toll Free: 1-866-642-6001
Email: info@bromptongroup.com
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