Brompton North American Low Volatility Dividend ETF

  • Management Style
    Quantitative/Active with Covered Calls
  • Closing Price (May 27, 2022)
    $23.50
  • NAV (May 26, 2022)
    $23.68
  • Distribution Rate (May 27, 2022)
    3.56%
  • ESG Score (1)
    B+
  • Total Assets (May 27, 2022)
    $3 Million

This ETF provides stable monthly cash distributions, and the opportunity for capital appreciation and low overall volatility of portfolio returns by investing in a portfolio of North American large capitalization equity securities selected by Brompton, complemented by a proprietary covered call options program to enhance monthly income. BLOV focuses on lowering total portfolio volatility through investing in a diversified blend of equities from North American issuers with a minimum market cap of $5 billion. Our Portfolio Management team employs quantitative analysis with an active fundamentals overlay to construct a portfolio with lower overall volatility than the market. The team also overlays an options strategy with the goal of further lowering volatility while increasing distributable cash and total returns.

Why Invest In Low Volatility Portfolios?

  • Over the long term, low volatility strategies have offered greater portfolio stability, higher risk-adjusted returns, and higher absolute returns than US or Canadian broad equity markets
  • Low volatility equity portfolios are observed to consistently outperform on both an absolute and a risk-adjusted basis
  • Brompton believes that its  blended quantitative and fundamental approach to constructing Low-Volatility portfolios is a more effective strategy than taken by many competing Low Volatility ETFs

This ETF is for Investors who are:

  • Seeking reliable monthly income
  • Looking for equity exposure with a focus on risk-adjusted return over absolute return
  • Comfortable with equity risk

FUND FACTS

  • Ticker
    BLOV
  • CUSIP
    11222V100
  • Outstanding (May 27, 2022)
    125,000
  • Inception Date (CAD Hedged)
    April 30, 2020
  • Management Fee
    0.55%
  • Manager/Portfolio Manager
    Brompton Funds Limited
  • Auditor
    PricewaterhouseCoopers LLP
  • Currency
    Hedged to CAD
  • Custodian
    CIBC Mellon Trust Company
  • Transfer Agent
    TSX Trust Company
  • Eligibility
    All registered and non-registered accounts
  • Risk Rating
    Low to 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 North American Low Volatility Dividend ETF

Summary of Investment Portfolio as at February 28, 2022

Total Net Asset Value$2,941,000

Holdings

% of Portfolio% of Net Asset Value
Telus Corp9.8%
Costco Wholesale Corp9.3%
BCE Inc9.2%
Procter & Gamble Co8.2%
Brookfield Infrastructure Partners LP7.7%
Johnson & Johnson6.4%
Nextera Energy Inc6.3%
Loblaw Companies Ltd5.3%
Franco-Nevada Corp5.1%
Church & Dwight Co Inc4.2%
Coca-Cola Co4.1%
NXP Semiconductors NV4.0%
Wheaton Precious Metals Corp3.2%
Metro Inc3.1%
Zoetis Inc2.7%
Accenture PLC2.5%
Dollar General Corp2.4%
Target Corp2.2%
Merck & Co Inc2.1%
Gilead Sciences Inc2.1%
Cash and short-term investments1.7%
Other net assets (liabilities)-1.5%
Total0%100.1%
Performance NAV History

Growth of $10,000(1)

Annual Compound Returns(2)

YTD 1-year Since Inception(3)
Brompton North American Low Volatility Dividend ETF (4.0%) 15.3% 14.1%

Year-by-Year Returns

2021 2020 (4)
Brompton North American Low Volatility Dividend ETF 21.8% 11.3%

Returns for Brompton North American Low Volatility Dividend 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.

DRIP

Investors may elect to automatically reinvest their distributions in additional units of the Fund and realize the benefits of compound growth.

DRIP Plan

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
Jun 30, 2022 Jul 15, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.07500
May 31, 2022 Jun 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.07500
Apr 29, 2022 May 13, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.07500
Mar 31, 2022 Apr 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.07500
Feb 28, 2022 Mar 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.07500
Jan 31, 2022 Feb 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.07500
Dec 31, 2021 Jan 17, 2022 0.04274 0.01265 0.00735 (0.00293) 0.00000 0.00686 0.06667
Nov 30, 2021 Dec 14, 2021 0.04274 0.01265 0.00735 (0.00293) 0.00000 0.00686 0.06667
Oct 29, 2021 Nov 12, 2021 0.04274 0.01265 0.00735 (0.00293) 0.00000 0.00686 0.06667
Sep 30, 2021 Oct 15, 2021 0.04274 0.01265 0.00735 (0.00293) 0.00000 0.00686 0.06667
Aug 31, 2021 Sep 15, 2021 0.04274 0.01265 0.00735 (0.00293) 0.00000 0.00686 0.06667
Jul 30, 2021 Aug 16, 2021 0.04274 0.01265 0.00735 (0.00293) 0.00000 0.00686 0.06667
Total 0.25644 0.07590 0.04410 (0.01758) 0.00000 0.04116 0.85002
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