Brompton European Dividend Growth ETF

  • Management Style
    Active with Covered Calls
  • Closing Price (Nov 28, 2023)
    $9.44
  • NAV (Nov 27, 2023)
    $9.49
  • Distribution Rate (Nov 28, 2023)
    5.86%
  • ESG Score (1)
    A-
Fund Profile Fund Profile - FR Why Invest Portfolio Summary Commentary Commentary - FR Covered Call Primer KYP Resources
Covered Call White Paper
H2/2023 Outlook: Still waiting for a recession
Choosing the Right Covered Call Strategy

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?

  • 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 (Nov 28, 2023)
    2,160,052
  • 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.

(1) Source: Refinitiv, as at May 31, 2023. Reflects the weighted average ESG Score of the companies held in the portfolio, with ESG Score coverage on 99% of the Fund’s portfolio. The Fund’s ESG Score is updated on a monthly basis. The ESG Score is an overall score of a company based on the reported information in the environmental, social and corporate governance pillars. Letter grades range from D- for the lowest ESG scores to A+ for the highest scores. See https://www.refinitiv.com/content/dam/marketing/en_us/documents/methodology/esg-scores-methodology.pdf for more information. This Fund does not have ESG-related investment objectives. Please see the Fund’s prospectus for its investment objectives and strategies. The ESG score does not evaluate the ESG-related investment objectives of, or any ESG strategies used by, the Fund and is not indicative of how well ESG factors are integrated by the Fund. Other providers may calculate ESG scores using their own methodologies which may differ from the methodology used by Refinitiv. The Fund’s ESG characteristics and performance may differ from time to time. View the trailing 12 month historical ESG Scores for the Fund: https://www.bromptongroup.com/wp-content/uploads/2018/11/Brompton_12_Month_ESG_Scores.pdf.

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Brompton European Dividend Growth ETF

Summary of Investment Portfolio as at October 31, 2023

Total Net Asset Value$19,253,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
Shell PLC5.2%
Aon PLC4.9%
Schneider Electric SE4.7%
AstraZeneca PLC4.5%
Tesco PLC4.3%
Safran S.A.4.1%
Novo Nordisk A/S4.1%
GSK PLC3.9%
Air Liquide S.A.3.8%
Deutsche Boerse AG3.7%
Koninklijke KPN NV3.7%
Vonovia SE3.7%
Vinci S.A.3.5%
Veolia Environnement S.A.3.4%
LVMH Moët Hennessy Louis Vuitton SE3.3%
Siemens AG3.3%
AXA S.A.3.3%
HALEON PLC3.3%
L'Oreal S.A.3.3%
TotalEnergies SE3.1%
Skandinaviska Enskilda Banken AB3.1%
Prysmian SpA3.1%
Bayerische Motoren Werke AG3.1%
ASML Holding NV2.9%
Sika AG2.7%
Total0%92%

1)The investment portfolio may change due to ongoing portfolio transactions of the investment fund. Quarterly updates are available on the Fund's website at www.bromptongroup.com within 60 days of each quarter end.

2)Totals may not equal a 100% due to rounding.

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 2.2% 7.6% 5.2% 5.5% 4.1%

Year-by Year Returns

2022 2021 2020 2019 2018 2017(4)
Brompton European Dividend Growth ETF (19.2%) 24.4% 0.5% 34.8% (11.1%) 3.9%

(1) The chart is hypothetical and intended for illustrative purposes only. The chart reflects a hypothetical $10,000 investment based on Net Asset Value per unit and assumes that distributions made by the Fund on its units were reinvested at Net Asset Value per unit in additional units of the Fund. The chart is derived from data supplied by Morningstar. © 2023 Morningstar. All Rights Reserved. The information contained herein: (i) is proprietary to Morningstar and/or its content providers; (ii) may not be copied or distributed; and (iii) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

(2) Returns are for the periods ended October 31, 2023. The tables above shows the past performance of the Fund. Past performance does not necessarily indicate how the Fund will perform in the future. The information shown is based on Net Asset Value per unit and assumes that distributions made by the Fund on its units in the period shown were reinvested at Net Asset Value per unit in additional units of the Fund. The tables above shows the Fund’s compound return since inception.

(3) Period from July 21, 2017 (commencement of operations) to October 31, 2023.

(4) Period from July 21, 2017 (commencement of operations) to December 31, 2017.

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
Dec 29, 2023 Jan 15, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Nov 30, 2023 Dec 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Oct 31, 2023 Nov 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Sep 30, 2023 Oct 16, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Aug 31, 2023 Sep 15, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Jul 31, 2023 Aug 15, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Jun 30, 2023 Jul 17, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
May 31, 2023 Jun 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Apr 28, 2023 May 12, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Mar 31, 2023 Apr 17, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Feb 28, 2023 Mar 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Jan 31, 2023 Feb 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04610
Total 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.55320
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Quick Contact

General Inquiries: (416) 642-9061|Investor Relations: (416) 642-6000|Toll Free: 1-866-642-6001
Email: info@bromptongroup.com
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