Brompton Enhanced Multi-Asset Income ETF
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Management StyleActive
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Closing Price (Mar 30, 2023)$12.07
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NAV (Mar 30, 2023)$12.11
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Distribution Rate (Mar 31, 2023)9.94%
NOW TRADING ON THE TSX
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
(Mar 31, 2023)
2,910,000 - 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
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.
Brompton Enhanced Multi-Asset Income ETF
Summary of Investment Portfolio as at February 28, 2023
Top 25 Holdings
| % of Portfolio | % of Net Asset Value | |
|---|---|---|
| Brompton Flaherty & Crumrine Investment Grade Preferred ETF | 21.1% | |
| Brompton Tech Leaders Income ETF | 10.3% | |
| Brompton European Dividend Growth ETF | 10.2% | |
| Brompton North American Low Volatility Dividend ETF | 9.8% | |
| Brompton Sustainable Real Assets Dividend ETFBrompton Sustainable Real Assets Dividend ETF | 9.8% | |
| Brompton North American Financials Dividend ETF | 9.7% | |
| Brompton Global Dividend Growth ETF | 9.5% | |
| Brompton Global Healthcare Income & Growth ETF | 9.2% | |
| Brompton Split Banc Corp Preferred Shares | 2.6% | |
| Life & Banc Split Corp Preferred Shares | 2.4% | |
| Global Dividend Growth Split Corp Preferred Shares | 1.8% | |
| Dividend Growth Split Corp Preferred Shares | 1.7% | |
| Cash and short-term investments | 1.6% | |
| Sustainable Power & Infrastructure Split Corp Preferred Shares | 0.2% | |
| Total | 99.9% | 0% |
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.
| 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 |
|---|---|---|---|---|---|---|---|---|
| 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 | 0.00000 | 0.00000 | 0.26016 | 0.60000 | |
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Quick Contact
Email: info@bromptongroup.com
