Brompton Global Real Assets Dividend ETF
Invest Now- Closing Price (Oct 26, 2020) $20.79
- Distribution $0.08333
- Distribution Rate (Oct 30, 2020) 4.70%
- ESG Score (2) B
- Management Style Active with Covered Calls
- Management Fee 0.75%
- NAV (Oct 29, 2020) $20.23
- Total Assets (Oct 30, 2020) $1 Million
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.
Why Invest in Real Assets?
- Better risk-adjusted returns for diversified Real Assets, compared to Global Equities or individual sectors (Real Estate, Utilities, or Infrastructure)
- Real Assets companies have stable cash flows and consistent, attractive dividends.
- Real Assets equities growth is driven by secular trends: investor focus on dividends, increasing government outsourcing, 5G rollout and cloud growth, urban intensification
- Brompton’s global expertise can help investors navigate the challenges & opportunities available in Global Real Assets equities
This ETF is for Investors who are:
- Seeking capital appreciation
- Seeking enhanced income and lower volatility through covered call strategies
- Comfortable with equity risk
FUND FACTS
- Ticker
BREA -
CUSIP
11223H1001 -
Outstanding
(Oct 30, 2020)
50,000 - Inception Date
April 30, 2020 - MER(2)
0.75% - 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 - Risk Rating
Medium
Manager/Portfolio Manager:
Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds. Our funds are designed to address investors’ cash flow requirements and to provide them with value-added diversification strategies. Since inception, Brompton has paid out over $2.5 billion in distributions. For those investors that do not require the regular cash flow, our funds also offer commission-free distribution reinvestment plans for additional units in the funds. For the level of service provided, our funds are known for their low management fees and costs.
Brompton Global Real Assets Dividend ETF
Summary of Investment Portfolio as at September 30, 2020
Holdings
| % of Portfolio | % of Net Asset Value | |
|---|---|---|
| Cash and short-term investments | 7.1% | 7.5% |
| Orsted A/S | 4.6% | 4.9% |
| Vonovia SE | 4.4% | 4.7% |
| RWE AG | 4.4% | 4.6% |
| Enel SpA | 4.3% | 4.6% |
| Union Pacific Corp. | 4.3% | 4.6% |
| Iberdrola SA | 4.3% | 4.5% |
| Nextera Energy Inc. | 4.2% | 4.5% |
| Brookfield Infrastructure Partners LP | 4.2% | 4.4% |
| American Water Works Company Inc. | 4.1% | 4.3% |
| Prologis Inc. | 4.1% | 4.2% |
| CMS Energy Corp. | 3.8% | 4.0% |
| Canadian Pacific Railway Ltd. | 3.7% | 3.9% |
| Equinix Inc. | 3.7% | 3.9% |
| Air Products and Chemicals Inc. | 3.6% | 3.8% |
| Verizon Communications Inc. | 3.6% | 3.8% |
| Williams Companies Inc. | 3.6% | 3.8% |
| American Tower Corp. | 3.5% | 3.7% |
| Ferrovial SA | 3.4% | 3.6% |
| Franco-Nevada Corp. | 3.3% | 3.5% |
| AT&T Inc | 3.3% | 3.5% |
| TC Energy Corp. | 3.2% | 3.4% |
| ONEOK Inc. | 3.0% | 3.2% |
| MTR Corp. Ltd. | 2.9% | 3.1% |
| KDDI Corp. | 2.8% | 3.0% |
| Total Investment Portfolio | 97.4% | 103% |
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.
DRIP
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.
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 | Return of Capital | Foreign Non- Business Income | Foreign Non- Business Income Tax Paid | Total Distribution |
|---|---|---|---|---|---|
| Dec 31, 2020 | Jan 15, 2021 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Nov 30, 2020 | Dec 14, 2020 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Oct 30, 2020 | Nov 13, 2020 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Sep 30, 2020 | Oct 15, 2020 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Aug 31, 2020 | Sep 15, 2020 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Jul 31, 2020 | Aug 17, 2020 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Jun 30, 2020 | Jul 15, 2020 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| May 29, 2020 | Jun 12, 2020 | 0.00000 | 0.00000 | 0.00000 | 0.07527 |
| Total | 0.00000 | 0.00000 | 0.00000 | 0.65858 | |
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Quick Contact
Email: info@bromptongroup.com
