Brompton North American Low Volatility Dividend ETF

  • Management Style
    Quantitative/Active with Covered Calls
  • Closing Price (Sep 24, 2021)
    $23.57
  • NAV (Sep 24, 2021)
    $23.60
  • Distribution Rate (Sep 27, 2021)
    3.39%
  • ESG Score (1)
    B+
  • Total Assets (Sep 27, 2021)
    $1 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 (Sep 27, 2021)
    75,000
  • Management Fee
    0.55%
  • 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
    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 August 31, 2021

Total Net Asset Value$1,796,000

Holdings

% of Portfolio% of Net Asset Value
Costco Wholesale Corp.9.1%
Target Corp.7.5%
Procter & Gamble Co.7.3%
Telus Corp.6.8%
Johnson & Johnson6.5%
BCE Inc.5.0%
Loblaw Companies Ltd4.6%
Brookfield Infrastructure Partners LP4.6%
Monster Beverage Corp.4.6%
Nextera Energy Inc.4.5%
Archer-Daniels-Midland Co.4.5%
Old Dominion Freight Line Inc.3.9%
Expeditors International of Washington Inc.3.8%
Franco-Nevada Corp.3.7%
Coca-Cola Co.3.7%
Agilent Technologies Inc.3.5%
Metro Inc.3.0%
Thomson Reuters Corp.3.0%
Dollar General Corp.2.7%
Accenture PLC2.6%
NXP Semiconductors NV2.4%
Eli Lilly and Co.2.2%
SVB Financial Group2.0%
Cash and Short-term Investments1.8%
Total0%103.3%
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 12.9% 14.3% 18.7%

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. Any units acquired pursuant to the distribution reinvestment program qualify for the service fee.

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
Sep 30, 2021 Oct 15, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.06667
Aug 31, 2021 Sep 15, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.06667
Jul 30, 2021 Aug 16, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.06667
Jun 30, 2021 Jul 15, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.06667
May 31, 2021 Jun 14, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.06667
Apr 30, 2021 May 14, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.06667
Mar 31, 2021 Apr 15, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.06667
Feb 26, 2021 Mar 12, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.06667
Jan 29, 2021 Feb 12, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.06667
Dec 31, 2020 Jan 15, 2021 0.00000 0.01052 0.01291 (0.00447) 0.00000 0.04771 0.06667
Nov 30, 2020 Dec 14, 2020 0.00000 0.01052 0.01291 (0.00447) 0.00000 0.04771 0.06667
Oct 30, 2020 Nov 13, 2020 0.00000 0.01052 0.01291 (0.00447) 0.00000 0.04771 0.06667
Total 0.00000 0.03156 0.03873 (0.01341) 0.00000 0.14313 0.80004
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