Brompton Split Corp. Preferred Share ETF​

  • Management Style
    Actively Managed
  • Closing Price (Jul 17, 2024)
    $10.55
  • NAV (Jul 17, 2024)
    $10.51
  • Distribution Rate (Jul 17, 2024)
    6.26%

Canada’s 1st Split Preferred ETF

 

Brompton Split Corp. Preferred Share ETF presents an alternative to Canadian corporate preferred shares and is a unique solution for investors seeking a low risk fixed income investment.

The investment strategy of SPLT is to primarily invest in an actively managed portfolio of Split Corp. Preferred Shares offered by Canadian split share  corporations. The Manager believes that Split Corp. Preferred Shares should be considered for investment separately from their corporate preferred share counterparts, as Split Corp. Preferred Shares can offer investors a way to diversify sources of preferred dividend income and potentially add stability to preferred share portfolios.

Reasons to Invest

  • Attractive monthly distributions
  • LOW risk rating (per ETF Facts)
  • Competitive 0.50% management fee

This ETF is for Investors who are:

  • looking to receive dividend income while preserving capital
  • looking for exposure to preferred shares of split share corporations
  • able to accept some variability of returns

FUND FACTS

  • Ticker
    SPLT
  • CUSIP
    111919106
  • Outstanding (Jul 17, 2024)
    22,920,900
  • Eligibility
    All registered and non-registered accounts
  • Distribution
    $0.05500/mo.
  • Risk Rating
    Low

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 exchange-traded funds (ETFs) and other TSX traded investment 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 Split Corp. Preferred Share ETF​

Summary of Investment Portfolio as at June 30, 2024

Total Net Asset Value$211,240,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
Dividend 15 Split Corp. Preferred Shares15.0%
Dividend Growth Split Corp. Preferred Shares12.0%
North American Financial 15 Split Corp. Preferred Shares11.9%
Financial 15 Split Corp. Preferred Shares10.9%
Life & Banc Split Corp. Preferred Shares10.3%
Canadian Banc Corp. Preferred Shares7.3%
Brompton Split Banc Corp. Preferred Shares7.0%
Dividend 15 Split Corp. II Preferred Shares5.0%
Global Dividend Growth Split Corp. Preferred Shares4.1%
E Split Corp. Preferred Shares3.3%
Brompton Lifeco Split Corp. Preferred Shares3.3%
Real Estate Split Corp. Preferred Shares2.5%
Partners Value Split Corp. Class AA Preferred Shares Series 111.1%
Partners Value Split Corp. Class AA Preferred Shares Series 131.1%
Partners Value Split Corp. Class AA Preferred Shares Series 101.1%
Partners Value Split Corp. Class AA Preferred Shares Series 91.1%
Partners Value Split Corp. Class AA Preferred Shares Series 121.0%
Partners Value Split Corp. Class AA Preferred Shares Series 80.8%
Cash0.5%
Sustainable Power & Infrastructure Split Corp. Preferred Shares0.5%
Total99.8%
Performance NAV History

Growth of $10,000(1)

Annual Compound Returns(2)

YTD 1-Year 3-Year 5-Year 10-Year Since Inception(3) Since Inception(4) Since Inception(2)
Brompton Split Corp. Preferred Share ETF 5.4% 12.1% 11.5%

Year-by-Year Returns

20233
Brompton Split Corp. Preferred Share ETF​ 6.3%

Returns for Brompton Split Corp. Preferred Share ETF are unaudited.

This webpage is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. The opinions contained in this report are solely those of Brompton Funds Limited (“BFL”) and are subject to change without notice. BFL makes every effort to ensure that the information has been derived from sources believed to be reliable and accurate. However, BFL assumes no responsibility for any losses or damages, whether direct or indirect which arise from the use of this information. BFL is under no obligation to update the information contained herein. The information should not be regarded as a substitute for the exercise of your own judgment. Please read the prospectus before investing.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded fund investments. 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. Please read the prospectus before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

Information contained on this webpage was published at a specific point in time. Upon publication, it is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. Certain statements contained on this webpage constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed on this webpage and to other matters identified in public filings relating to the ETF, to the future outlook of the ETF and anticipated events or results and may include statements regarding the future financial performance of the ETF. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

Filter By Document Type:
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 28, 2024 Jul 15, 2024 * * * * * * 0.05500
May 31, 2024 Jun 14, 2024 * * * * * * 0.05500
Apr 30, 2024 May 14, 2024 * * * * * * 0.05500
Mar 28, 2024 Apr 12, 2024 * * * * * * 0.05500
Feb 29, 2024 Mar 14, 2024 * * * * * * 0.05500
Jan 31, 2024 Feb 14, 2024 * * * * * * 0.05500
Dec 29, 2023 Jan 15, 2024 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Nov 30, 2023 Dec 14, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Oct 31, 2023 Nov 14, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Sep 30, 2023 Oct 16, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Aug 31, 2023 Sep 15, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Jul 31, 2023 Aug 15, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Total 0.00000 0.16968 0.00000 0.00000 0.00000 0.14280 0.64248
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