Brompton Enhanced Multi-Asset Income ETF

  • Management Style
    Active
  • Closing Price (Feb 29, 2024)
    $13.18
  • NAV (Feb 29, 2024)
    $13.14
  • Distribution Rate (Feb 29, 2024)
    9.48%

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 (Feb 29, 2024)
    4,080,000
  • 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
    $0.10417/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.

Brompton Enhanced Multi-Asset Income ETF

Summary of Investment Portfolio as at January 31, 2024

Total Asset Value$66,757,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
Brompton Flaherty & Crumrine Investment Grade Preferred ETF19.6%
Brompton Tech Leaders Income ETF12.0%
Brompton European Dividend Growth ETF10.1%
Brompton North American Financials Dividend ETF10.1%
Brompton Split Corp. Preferred Share ETF9.8%
Brompton Global Healthcare Income & Growth ETF9.7%
Brompton Global Dividend Growth ETF9.7%
Brompton Sustainable Real Assets Dividend ETF9.5%
Brompton North American Low Volatility Dividend ETF9.4%
Cash0.1%
Total100%0%
Performance NAV History

Growth of $10,000(1)

Annual Compound Returns(2)

YTD 1-Year Since Inception(3)
Brompton Enhanced Multi-Asset Income ETF 2.6% 9.9% 16.0%

Year-by-Year Returns

2023
Brompton Enhanced Multi-Asset Income ETF 11.2%

Returns for Brompton Enhanced Multi-Asset Income ETF are unaudited.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

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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
Mar 28, 2024 Apr 12, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10417
Feb 29, 2024 Mar 14, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10417
Jan 31, 2024 Feb 14, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.10417
Dec 29, 2023 Jan 15, 2024 0.00000 0.01002 0.00636 (0.00210) 0.00000 0.08572 0.10000
Nov 30, 2023 Dec 14, 2023 0.00000 0.01002 0.00636 (0.00210) 0.00000 0.08572 0.10000
Oct 31, 2023 Nov 14, 2023 0.00000 0.01002 0.00636 (0.00210) 0.00000 0.08572 0.10000
Sep 30, 2023 Oct 16, 2023 0.00000 0.01002 0.00636 (0.00210) 0.00000 0.08572 0.10000
Aug 31, 2023 Sep 15, 2023 0.00000 0.01002 0.00636 (0.00210) 0.00000 0.08572 0.10000
Jul 31, 2023 Aug 15, 2023 0.00000 0.01002 0.00636 (0.00210) 0.00000 0.08572 0.10000
Jun 30, 2023 Jul 17, 2023 0.00000 0.01002 0.00636 (0.00210) 0.00000 0.08572 0.10000
May 31, 2023 Jun 14, 2023 0.00000 0.01002 0.00636 (0.00210) 0.00000 0.08572 0.10000
Apr 28, 2023 May 12, 2023 0.00000 0.01002 0.00636 (0.00210) 0.00000 0.08572 0.10000
Total 0.00000 0.09018 0.05724 0.00000 0.00000 0.77148 1.21251
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