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Brompton Global Dividend Growth ETF

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  • Closing Price (Jan 17, 2019) $18.45
  • Distribution $0.10
  • Distribution Rate (Jan 19, 2019) 7.97%
  • Distribution Frequency Monthly
  • Management Style Active with Covered Calls
  • Management Fee 0.75%
  • NAV (Jan 17, 2019) $18.77
  • Total Assets (Dec 31, 2018) $23 Million

This ETF provides monthly distributions and the opportunity for capital gains through an investment in an actively managed portfolio of large cap global dividend growth companies selected by Brompton, complemented by a proprietary covered call program.

Our PM team first uses a top-down analysis to identify attractive sectors. Rigorous fundamental analysis focuses the portfolio on at least 20 global Dividend Growth Companies with a market capitalization of at least $10 billion, that have a history (or in the Manager’s view a future likelihood) of dividend growth. The PMs then actively set the level of covered call writing (up to a maximum of 33%), with the goal of optimizing distributable cash and total returns.

Why Invest In Global Dividend Growers?

  • Global dividend growers have historically outperformed the broader global equity market with lower volatility
  • Global equities provide opportunity for Canadians to diversify in sectors that are underrepresented in Canada
  • Canadian market is overweight Energy, Materials, Financials and underweight Tech, Healthcare, Consumer and Industrial sectors

This ETF is for Investors who are:

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

FUND FACTS

  • Ticker
    BDIV
  • CUSIP
    11221W109
  • Outstanding (Jan 19, 2019)
    1,250,000
  • Inception Date
    October 18, 2018
  • MER(1)
    0.95%
  • Currency
    Hedged to CAD
  • Manager/Portfolio Manager
    Brompton Funds Limited
  • Auditor
    PricewaterhouseCoopers LLP
  • Custodian
    CIBC Mellon Trust Company
  • Transfer Agent
    TSX Trust Company
  • Eligibility
    All registered and non-registered accounts

Manager/Portfolio Manager:

Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with over $2 billion in assets under management. 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 Global Dividend Growth ETF

Summary of Investment Portfolio as at October 17, 2018

Total Net Asset Value$999,453.44

Top 25 Holdings

% of Portfolio% of Net Asset Value
Cash and short-term investments3.0%3.0%
Sanofi SA3.0%3.0%
Sysco Corporation3.0%3.0%
AstraZeneca PLC3.0%3.0%
Pfizer Inc. 3.0%3.0%
JPMorgan Chase & Co.3.0%3.0%
CVS Health Corporation3.0%3.0%
Citigroup Inc.3.0%3.0%
Novartis AG3.0%3.0%
London Stock Exchange Group PLC3.0%3.0%
Oracle Corporation3.0%3.0%
Comerica Incorporated3.0%3.0%
Cisco Systems, Inc.3.0%3.0%
Canadian National Railway Company3.0%3.0%
TELUS Corporation3.0%3.0%
The PNC Financial Services Group, Inc. 3.0%3.0%
Danone SA3.0%3.0%
DNB ASA3.0%3.0%
Nutrien Ltd.2.9%3.0%
Valero Energy Corporation2.9%3.0%
PepsiCo, Inc.2.9%3.0%
UPM-Kymmene Oyj2.9%3.0%
Paychex, Inc. 2.9%2.9%
Fortum Oyj2.9%2.9%
Waste Management, Inc.2.9%2.9%
Total74.3%74.7%
NAV History

Filter By Document Type:
Select a year
Record Date Payment Date Foreign Non- Business Income Foreign Non- Business Income Tax Paid Capital Gains Total Distribution
Dec 31, 2018 Jan 15, 2019 0.00000 0.00000 0.00000 0.10000
Nov 30, 2018 Dec 14, 2018 0.00000 0.00000 0.00000 0.14516
Oct 15, 2018 Oct 15, 2018 0.00000 0.00000 0.00000 0.00000
Total 0.00000 0.00000 0.00000 0.24516
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