Brompton North American Low Volatility Dividend ETF

  • Management Style
    Quantitative/Active with Covered Calls
  • Closing Price (May 04, 2021)
    $21.94
  • NAV (May 05, 2021)
    $21.90
  • Distribution Rate (May 06, 2021)
    3.65%
  • ESG Score (1)
    B+
  • Total Assets (May 06, 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 (May 06, 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 March 31, 2021

Total Net Asset Value$1,604,000

Holdings

% of Portfolio% of Net Asset Value
Johnson & Johnson6.8%6.9%
Dollar General Corp6.7%6.8%
Costco Wholesale Corp6.1%6.2%
Brookfield Infrastructure Partners LP5.9%5.9%
Procter & Gamble Co5.8%5.9%
Nextera Energy Inc5.8%5.9%
Telus Corp5.1%5.2%
Walmart Inc5.0%5.1%
Target Corp4.8%4.9%
BCE Inc4.8%4.8%
Canadian National Railway Co4.8%4.8%
Monster Beverage Corp4.7%4.8%
Franco-Nevada Corp4.7%4.7%
Loblaw Companies Ltd4.1%4.1%
Coca-Cola Co3.8%3.9%
Clorox Co3.7%3.8%
Apple Inc3.4%3.4%
Mondelez International Inc2.8%2.8%
American Water Works Company Inc2.7%2.8%
Archer-Daniels-Midland Co2.6%2.6%
Thomson Reuters Corp2.4%2.5%
Eli Lilly and Co1.7%1.8%
Cash and short-term investments1.6%1.6%
Total99.8%101.2%
NAV History

Growth of $10,000(1)

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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
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
Sep 30, 2020 Oct 15, 2020 0.00000 0.01052 0.01291 (0.00447) 0.00000 0.04771 0.06667
Aug 31, 2020 Sep 15, 2020 0.00000 0.01052 0.01291 (0.00447) 0.00000 0.04771 0.06667
Jul 31, 2020 Aug 17, 2020 0.00000 0.01052 0.01291 (0.00447) 0.00000 0.04771 0.06667
Total 0.00000 0.06312 0.07746 (0.02682) 0.00000 0.28626 0.80004
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