Brompton Global Healthcare Income & Growth ETF

  • Management Style
    Active with Covered Calls
  • Closing Price (Sep 27, 2023)
    $7.98
  • NAV (Sep 27, 2023)
    $7.99
  • Distribution Rate (Sep 27, 2023)
    8.27%
  • ESG Score (1)
    A-
  • Management Style
    Active with Covered Calls
  • Closing Price (Sep 19, 2023)
    $8.70
  • NAV (Sep 27, 2023)
    $8.45
  • Distribution Rate (Sep 19, 2023)
    7.59%
  • ESG Score (1)
    A-
Fund Profile Fund Profile - FR Portfolio Summary Commentary Commentary - FR Why Invest Covered Call Primer KYP Resources
H2/2023 Outlook: Still waiting for a recession
Choosing the Right Covered Call Strategy
Investment Solutions for Market Uncertainty
Healthcare – A Healthy Dose of Defense
Investing in Healthcare – A Thematic Approach

This ETF provides monthly distributions and the opportunity for capital gains through an investment in an actively managed portfolio of large-cap global Healthcare companies selected by Brompton, complemented by a proprietary covered call program. Our PM team first uses a top-down analysis to identify attractive sub-sectors. Rigorous fundamental analysis focuses the portfolio on global Healthcare companies which offer a combination of growth and value characteristics. The PMs then actively set the level of covered call writing, with the goal of optimizing distributable cash and total returns.

Why Invest In Healthcare?

  • Strong historical earnings growth and stable relative share performance
  • Under-represented sector in the Canadian equity market; global Healthcare equities provide diversification benefits
  • Long term trends are supportive of Healthcare equities

This ETF is for Investors who are:

  • Seeking stable monthly cash distributions
  • Seeking opportunity for capital appreciation and lower overall volatility of portfolio returns than would otherwise be experienced by owning securities of technology companies directly
  • Can handle the ups and downs of the stock market

FUND FACTS

  • Ticker (CAD Hedged)
    HIG
  • CUSIP (CAD Hedged)
    11222T105
  • Outstanding (CAD Hedged) (Sep 27, 2023)
    6,124,891
  • Ticker (USD Unit)
    HIG.U
  • CUSIP (USD Unit)
    11222T204
  • Outstanding (USD Unit) (Sep 19, 2023)
    82,500
  • Inception Date (CAD Hedged)
    September 24, 2015
  • ETF Conversion Date (CAD Hedged)
    April 3, 2018
  • Inception Date (USD)
    September 24, 2015
  • Management Fee
    0.75%
  • 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
    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.

(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 100% 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 Global Healthcare Income & Growth ETF

Summary of Investment Portfolio as at August 31, 2023

Total Net Asset Value$51,998,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
UnitedHealth Group Inc.5.8%
Stryker Corp.5.5%
Boston Scientific Corp.5.5%
HCA Healthcare Inc.5.2%
GSK PLC5.1%
UnitedHealth Group Inc.5.0%
AstraZeneca PLC4.9%
Merck & Co Inc.4.8%
Abbvie Inc.4.8%
Johnson & Johnson4.5%
Zoetis Inc.4.4%
Exact Sciences Corp.4.4%
West Pharmaceutical Services Inc.4.4%
Novo Nordisk A/S4.3%
Pfizer Inc.4.2%
Gilead Sciences Inc.4.0%
Dexcom Inc.3.7%
Align Technology Inc.3.2%
Eli Lilly and Co.3.2%
Cardinal Health Inc.2.5%
Intuitive Surgical Inc.2.4%
Cardinal Health Inc.2.4%
Bristol-Myers Squibb Co.2.4%
Biogen Inc.2.3%
Cencora Inc.2.2%
Total0%101.1%

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) Since Inception(4)
Brompton Global Healthcare Income & Growth ETF - CAD Hedged (3.7%) 3.3% 2.9% 4.3% 5.2% n.a.
Brompton Global Healthcare Income & Growth ETF - USD (3.4%) 4.2% 3.0% n.a. n.a. 4.4%

Year-by-Year Returns

2022 2021 2020 2019 2018 2017 2016 2015(5)
Brompton Global Healthcare Income & Growth ETF - CAD Hedged (14.3%) 24.1% 6.3% 22.0% 5.0% 11.2% (6.3%) 3.1%
Brompton Global Healthcare Income & Growth ETF - USD (14.4%) 24.0% 8.4% 7.2%(6) n.a. n.a. n.a. n.a.

(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. © 2021 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 August 31, 2023. The tables above show 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 show the Fund’s compound return for each period indicated.

(3) Period from September 24, 2015 (commencement of operations) to August 31, 2023.

(4) Period from August 8, 2019 (commencement of operations) to August 31, 2023.

(5) Period from September 24, 2015 to December 31, 2015.

(6) Period from August 8, 2019 to December 31, 2019.

Returns for Brompton Global Healthcare Income & 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 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, 2023 Oct 16, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Aug 31, 2023 Sep 15, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Jul 31, 2023 Aug 15, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Jun 30, 2023 Jul 17, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
May 31, 2023 Jun 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Apr 28, 2023 May 12, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Mar 31, 2023 Apr 17, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Feb 28, 2023 Mar 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Jan 31, 2023 Feb 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Dec 30, 2022 Jan 16, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500 0.05500
Nov 30, 2022 Dec 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500 0.05500
Oct 31, 2022 Nov 14, 2022 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500 0.05500
Total 0.00000 0.00000 0.00000 0.00000 0.00000 0.16500 0.66000
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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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