This ETF provides high monthly distributions and the opportunity for capital gains by investing in an actively managed portfolio of Global Real Assets companies (primarily real estate, utilities, infrastructure, resources) selected by Brompton, complemented by a proprietary covered call options program to enhance monthly income. Our Portfolio Management team first uses a top-down analysis to identify attractive sub-sectors. Rigorous fundamental analysis focuses the portfolio on well-positioned, large-capitalization Real Assets issuers. The Portfolio Managers then actively set the level of covered call writing with the goal of optimizing distributable cash and total returns, and reducing portfolio volatility.
Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded 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.
Summary of Investment Portfolio as at January 31, 2021
| % of Portfolio | % of Net Asset Value | |
|---|---|---|
| Nextera Energy Inc. | 4.8% | 4.9% |
| Brookfield Renewable Partners LP | 4.6% | 4.7% |
| ONEOK Inc. | 4.5% | 4.5% |
| Brookfield Infrastructure Partners LP | 4.4% | 4.5% |
| American Water Works Company Inc. | 4.3% | 4.4% |
| Comcast Corp. | 4.2% | 4.3% |
| Union Pacific Corp. | 4.2% | 4.3% |
| Canadian Pacific Railway Ltd. | 4.0% | 4.0% |
| Cargojet Inc. | 3.9% | 4.0% |
| Prologis Inc. | 3.9% | 4.0% |
| American Tower Corp. | 3.9% | 4.0% |
| Kinder Morgan Inc. | 3.9% | 4.0% |
| Anglo American PLC | 3.9% | 4.0% |
| ACS Actividades de Construccion y Servicios SA | 3.9% | 3.9% |
| Extra Space Storage Inc. | 3.8% | 3.9% |
| Williams Companies Inc. | 3.8% | 3.8% |
| Equinix Inc. | 3.5% | 3.6% |
| Marriott International Inc. | 3.4% | 3.5% |
| RWE AG | 3.4% | 3.4% |
| Verizon Communications Inc. | 3.2% | 3.3% |
| Iberdrola SA | 3.2% | 3.2% |
| Air Products and Chemicals Inc. | 3.1% | 3.2% |
| Orsted A/S | 3.1% | 3.1% |
| Vonovia SE | 3.1% | 3.1% |
| TC Energy Corp | 3.0% | 3.1% |
| Total Investment Portfolio | 95% | 96.7% |
Returns are not available as there is less than one year’s performance data.
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.
Investors may elect to automatically reinvest their distributions in additional units of the Fund and realize the benefits of compound growth. Any units acquired pursuant to the distribution reinvestment program qualify for the service fee.
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, 2021 | Apr 15, 2021 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Feb 26, 2021 | Mar 12, 2021 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Jan 29, 2021 | Feb 12, 2021 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Dec 31, 2020 | Jan 15, 2021 | 0.05402 | 0.00312 | 0.02725 | (0.00681) | 0.00000 | 0.00575 | 0.08333 |
| Nov 30, 2020 | Dec 14, 2020 | 0.05402 | 0.00312 | 0.02725 | (0.00681) | 0.00000 | 0.00575 | 0.08333 |
| Oct 30, 2020 | Nov 13, 2020 | 0.05402 | 0.00312 | 0.02725 | (0.00681) | 0.00000 | 0.00575 | 0.08333 |
| Sep 30, 2020 | Oct 15, 2020 | 0.05402 | 0.00312 | 0.02725 | (0.00681) | 0.00000 | 0.00575 | 0.08333 |
| Aug 31, 2020 | Sep 15, 2020 | 0.05402 | 0.00312 | 0.02725 | (0.00681) | 0.00000 | 0.00575 | 0.08333 |
| Jul 31, 2020 | Aug 17, 2020 | 0.05402 | 0.00312 | 0.02725 | (0.00681) | 0.00000 | 0.00575 | 0.08333 |
| Jun 30, 2020 | Jul 15, 2020 | 0.05402 | 0.00312 | 0.02725 | (0.00681) | 0.00000 | 0.00575 | 0.08333 |
| May 29, 2020 | Jun 12, 2020 | 0.04879 | 0.00281 | 0.02461 | (0.00615) | 0.00000 | 0.00521 | 0.07527 |
| Total | 0.42693 | 0.02465 | 0.21536 | (0.05382) | 0.00000 | 0.04546 | 0.90857 | |
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