This ETF provides high monthly distributions and the opportunity for capital gains through an investment in an actively managed portfolio of large cap global Technology companies selected by Brompton, complemented by a proprietary covered call program.
Our PM team first uses top-down analysis to identify attractive sub-sectors. Rigorous fundamental analysis focuses the portfolio on 15 to 20 global Technology 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.
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.
Summary of Investment Portfolio as at December 31, 2020
| % of Portfolio | % of Net Asset Value | |
|---|---|---|
| Apple Inc. | 8.2% | 8.1% |
| Taiwan Semiconductor Manufacturing Co Ltd. | 6.0% | 5.9% |
| PayPal Holdings Inc. | 6.0% | 5.9% |
| ASML Holding NV | 6.0% | 5.9% |
| Amazon.com Inc | 5.9% | 5.8% |
| Accenture PLC | 5.7% | 5.7% |
| KLA Corp. | 5.7% | 5.6% |
| ServiceNow Inc | 5.7% | 5.6% |
| Synopsys Inc. | 5.5% | 5.5% |
| Microsoft Corporation | 5.5% | 5.4% |
| Alphabet Inc | 5.4% | 5.4% |
| NVIDIA Corp. | 5.3% | 5.2% |
| Mastercard Inc. | 5.2% | 5.2% |
| Salesforce.Com Inc | 5.2% | 5.1% |
| Cadence Design Systems Inc | 5.0% | 5.0% |
| Cognizant Technology Solutions Corp | 4.8% | 4.8% |
| Logitech International SA | 3.1% | 3.0% |
| Adobe Inc. | 3.0% | 2.9% |
| Visa Inc | 2.5% | 2.5% |
| Cash and short-term investments | 0.3% | 0.3% |
| Total | 100% | 98.8% |
| YTD | 1-Year | 3-Year | 5-Year | Since Inception(3) | Since Inception(4) | |
|---|---|---|---|---|---|---|
| Brompton Tech Leaders Income ETF - CAD Hedged | 38.4% | 38.4% | 25.5% | 23.5% | 14.5% | n.a. |
| Brompton Tech Leaders Income ETF - USD | 41.2% | 41.2% | n.a. | n.a. | n.a. | 39.3% |
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011(5) | |
|---|---|---|---|---|---|---|---|---|---|---|
| Brompton Tech Leaders Income ETF - CAD Hedged | 38.4% | 37.2% | 4.0% | 34.4% | 8.4% | (13.3%) | 15.3% | 31.2% | 4.8% | (7.0%) |
| Brompton Tech Leaders Income ETF - USD | 41.2% | 12.2%(6) | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. |
Returns for Brompton Tech Leaders Income 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.
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.
Investors may elect to automatically reinvest their distributions in additional units of the Fund and realize the benefits of compound growth. Any units acquired pursuant to the distribution reinvestment program qualify for the service fee.
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.
| Record Date | Payment Date | Return of Capital | Total Distribution |
|---|---|---|---|
| Mar 31, 2021 | Apr 15, 2021 | 0.00000 | 0.06667 |
| Feb 26, 2021 | Mar 12, 2021 | 0.00000 | 0.06667 |
| Jan 29, 2021 | Feb 12, 2021 | 0.00000 | 0.06667 |
| Dec 31, 2020 | Jan 15, 2021 | 0.00000 | 0.05400 |
| Nov 30, 2020 | Dec 14, 2020 | 0.00000 | 0.05400 |
| Oct 30, 2020 | Nov 13, 2020 | 0.00000 | 0.05400 |
| Sep 30, 2020 | Oct 15, 2020 | 0.00000 | 0.05400 |
| Aug 31, 2020 | Sep 15, 2020 | 0.00000 | 0.05400 |
| Jul 31, 2020 | Aug 17, 2020 | 0.00000 | 0.05400 |
| Jun 30, 2020 | Jul 15, 2020 | 0.00000 | 0.05400 |
| May 29, 2020 | Jun 12, 2020 | 0.00000 | 0.05400 |
| Apr 30, 2020 | May 14, 2020 | 0.00000 | 0.05400 |
| Total | 0.00000 | 0.68601 | |
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