Brompton European Dividend Growth ETF

  • Management Style
    Active with Covered Calls
  • Closing Price (Sep 29, 2022)
    $8.25
  • NAV (Sep 29, 2022)
    $8.32
  • Distribution Rate (Sep 29, 2022)
    6.71%
  • ESG Score (1)
    A-

Why Invest?

  • Approximately equal-weight portfolio of equity securities of large capitalization European Dividend Growth Companies
  • Monthly distributions with capital appreciation potential
  • Selective covered call strategy to enhance portfolio income and lower volatility
  • European companies with a history of growing dividends have outperformed the broader market over time.

Why Europe?

  • Earnings growth expected to improve for European companies
  • Manager believes European equities are currently attractively valued
  • Diversification benefits: Europe provides an opportunity for Canadians to diversify by investing in equity sectors that are underrepresented in the Canadian market

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
    EDGF
  • CUSIP
    11222M100
  • Outstanding (Sep 29, 2022)
    1,750,804
  • Inception Date (CAD Hedged)
    July 21, 2017
  • Management Fee
    0.75%
  • ETF Conversion Date (CAD Hedged)
    April 23, 2019
  • Manager/Portfolio Manager
    Brompton Funds Limited
  • Auditor
    PricewaterhouseCoopers LLP
  • Currency
    CAD
  • Custodian
    CIBC Mellon Trust Company
  • Transfer Agent
    TSX Trust Company
  • Eligibility
    All registered and non-registered accounts
  • Risk Rating
    Medium

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 European Dividend Growth ETF

Summary of Investment Portfolio as at August 31, 2022

Total Net Asset Value$17,276,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
Cash and short-term investments10.3%
Equinor ASA7.2%
STERIS plc5.9%
Schneider Electric SE5.5%
LVMH Moët Hennessy Louis Vuitton SE4.8%
AstraZeneca PLC4.7%
Deutsche Boerse AG4.6%
Bunzl plc4.6%
British American Tobacco PLC4.6%
Aon PLC4.6%
Novo Nordisk A/S4.3%
National Grid PLC4.2%
Nestle SA4.2%
L'Oreal SA4.1%
EssilorLuxottica SA3.9%
Linde PLC3.8%
Sanofi SA3.7%
SEGRO PLC3.4%
ASML Holding NV3.2%
RWE AG3.2%
DNB Bank ASA3.2%
Pernod Ricard SA3.2%
UBS Group AG2.9%
Dassault Systemes SE1.9%
Veolia Environnement SA1.7%
Total0%107.7%
Performance NAV History

Growth of $10,000(1)

Annual Compound Returns(2)

YTD 1-Year 3-Year 5-Year Since Inception(3)
Brompton European Dividend Growth ETF (21.4%) (18.0%) 1.3% 4.4% 4.0%

Year-by Year Returns

2021 2020 2019 2018 2017(4)
Brompton European Dividend Growth ETF 24.4% 0.5% 34.8% (11.1%) 3.9%

Returns for Brompton European Dividend Growth 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 purpose of the Income Tax Act (Canada), are resident in Canada and hold units as capital property outside of an RRSP, DPSP, RRIF, RESP or TFSA. Unitholders should receive a T3 slip from their investment dealer providing this information.

T3 supplementary slips for holdings of the Fund will indicate Other Income (Investment Income and Non-Investment Income) in Box 26, Foreign Non-Business Income in Box 25, Capital Gains in Box 21 and Eligible Dividend Income in 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 Fund units and is reported on the T3 supplementary slips in Box 42.

The following table outlines the breakdown in the Fund’s distributions declared on a per unit basis

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, 2022 Oct 17, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Aug 31, 2022 Sep 15, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Jul 29, 2022 Aug 15, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Jun 30, 2022 Jul 15, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04160
May 31, 2022 Jun 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04160
Apr 29, 2022 May 13, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04160
Mar 31, 2022 Apr 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04160
Feb 28, 2022 Mar 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04160
Jan 31, 2022 Feb 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04160
Dec 31, 2021 Jan 17, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.04160 0.04160
Nov 30, 2021 Dec 14, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.04160 0.04160
Oct 29, 2021 Nov 12, 2021 0.00000 0.00000 0.00000 0.00000 0.00000 0.04160 0.04160
Total 0.00000 0.00000 0.00000 0.00000 0.00000 0.12480 0.51270
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