Brompton Global Real Assets Dividend ETF
-
Management StyleActive with Covered Calls
-
Closing Price (Jan 22, 2021)$22.03
-
NAV (Jan 22, 2021)$22.07
-
Distribution Rate (Jan 25, 2021)4.43%
-
ESG Score (1)B
-
Total Assets (Jan 25, 2021)$2 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
11223H100 -
Outstanding
(Jan 25, 2021)
100,000 -
Management Fee
0.75% - Inception Date
April 30, 2020 - 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:
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.
Brompton Global Real Assets Dividend ETF
Summary of Investment Portfolio as at December 31, 2020
Top 25 Holdings
| % of Portfolio | % of Net Asset Value | |
|---|---|---|
| Nextera Energy Inc. | 4.5% | 4.6% |
| Comcast Corp. | 4.4% | 4.4% |
| Union Pacific Corp. | 4.3% | 4.4% |
| Brookfield Renewable Partners LP | 4.3% | 4.4% |
| ONEOK Inc. | 4.2% | 4.3% |
| Brookfield Infrastructure Partners LP | 4.1% | 4.2% |
| Cargojet Inc. | 4.1% | 4.2% |
| American Water Works Company Inc. | 4.1% | 4.2% |
| ACS Actividades de Construccion y Servicios SA | 4.0% | 4.1% |
| Canadian Pacific Railway Ltd. | 4.0% | 4.1% |
| Extra Space Storage Inc. | 3.9% | 3.9% |
| Anglo American PLC | 3.9% | 3.9% |
| Marriott International Inc. | 3.8% | 3.9% |
| American Tower Corp. | 3.8% | 3.9% |
| Prologis Inc. | 3.7% | 3.8% |
| Kinder Morgan Inc. | 3.7% | 3.8% |
| Williams Companies Inc. | 3.5% | 3.5% |
| Verizon Communications Inc. | 3.5% | 3.5% |
| Equinix Inc. | 3.3% | 3.4% |
| Vonovia SE | 3.3% | 3.3% |
| Iberdrola SA | 3.3% | 3.3% |
| Orsted A/S | 3.2% | 3.3% |
| RWE AG | 3.2% | 3.3% |
| Air Products and Chemicals Inc. | 3.2% | 3.2% |
| Ferrovial SA | 3.0% | 3.1% |
| Total Investment Portfolio | 94.3% | 96% |
Returns are not available as there is less than one year’s performance data.
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 |
|---|---|---|---|---|---|
| Mar 31, 2021 | Apr 15, 2021 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Feb 26, 2021 | Mar 12, 2021 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| Jan 29, 2021 | Feb 12, 2021 | 0.00000 | 0.00000 | 0.00000 | 0.08333 |
| 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 | 0.90857 | |
Ready to Buy?
Speak with your Investment Advisor or trade directly through your brokerage.
Quick Contact
Email: info@bromptongroup.com
