Sustainable Power & Infrastructure Split Corp.

  • Closing Price (Jun 17, 2021)
    $9.83
  • NAV (Jun 17, 2021)
    $9.35
  • Distribution Rate(1) (Jun 18, 2021)
    8.00%
  • Unit NAV (Jun 17, 2021)
    $19.39
  • Total Assets (May 31, 2021)
    $62 Million
  • Closing Price (Jun 17, 2021)
    $10.58
  • NAV (Jun 17, 2021)
    $10.04
  • Distribution Rate (Jun 18, 2021)
    5.00%
  • Unit NAV (Jun 17, 2021)
    $19.39

Why Invest?

  • Actively managed global portfolio of sustainable power & infrastructure companies
  • First ESG-integrated Split Corp. in Canada
  • Opportunity to invest & participate in the multi-decade transition towards decarbonization and sustainability
  • Regular distributions paid by Class A and Preferred Shares(1)
  • Potential for enhanced capital appreciation for Class A Shares due to leveraged exposure to the portfolio

Preferred Shares:

  • 5-year initial term, subject to extension for periods of up to five years, as determined by the board of directors
  • Quarterly cumulative preferred distributions (primarily eligible Canadian dividends)
  • Dividend resets at end-of-term extension, based on comparable market yields, without complicated reset formulas
  • Shareholder’s option to redeem at end-of-term, with no restrictions

Class A Shares:

  • Monthly distributions (primarily return of capital)(1)
  • Opportunity for capital appreciation
  • Shareholder’s option to redeem at end-of-term, with no restrictions
  • DRIP Plan available

FUND FACTS

  • Ticker (Class A Shares)
    PWI
  • CUSIP (Class A Shares)
    86934R100
  • Outstanding (Class A Shares) (Jun 18, 2021)
    7,500,000
  • Ticker (Preferred Shares)
    PWI.PR.A
  • Outstanding (Preferred Shares) (Jun 18, 2021)
    7,500,000
  • Maturity Date(2)
    May 29, 2026
  • Inception Date
    May 21, 2021
  • Currency
    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
  • Annual Concurrent Retraction Date
    Second last business day of May, commencing in 2023
  • Annual Retraction Notice Deadline
    10 Business Days prior to the annual concurrent retraction date
  • Special Non-Concurrent Retraction Date
    May 29, 2026

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.

Sustainable Power & Infrastructure Split Corp.

Summary of Investment Portfolio as at May 31, 2021

Total Net Asset Value$62,278,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
Cash and Short-term Investments26.0%
Volkswagen AG3.3%
Anglo American PLC3.3%
Magna International Inc.3.3%
Emerson Electric Co.3.2%
Cummins Inc.3.2%
Northland Power Inc.3.2%
Telus Corp.3.2%
SBA Communications Corp.3.2%
Xylem Inc.3.2%
Roper Technologies Inc.3.2%
Williams Companies Inc.3.2%
Keyera Corp.3.2%
BCE Inc.3.2%
Linde PLC3.2%
Exelon Corp.3.2%
Schneider Electric SE3.2%
Brookfield Infrastructure Partners LP3.2%
Sika AG3.2%
Union Pacific Corp.3.2%
Nextera Energy Corp.3.2%
Kinder Morgan Inc.3.2%
AES Corp.3.2%
National Grid PLC3.1%
Other Net Assets0.1%
Total0%99.9%
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