Brompton Funds Provides Update on Tech Leaders Income ETF
10 January 2019 - 6:55AM
(TSX:TLF) Investors and investment advisors are
invited to listen to an update on Tech Leaders Income ETF (“TLF”),
hosted by Senior Portfolio Manager Laura Lau of Brompton Funds.
Laura discusses the ETF’s portfolio and the outlook for the tech
sector. The presentation recorded on January 8, 2019 has been
posted to the Brompton Funds website at the following link:
http://www.bromptongroup.com/tlf_update_january2019/
TLF provides investors with exposure to a
portfolio of equity securities of large capitalization global
Technology companies, providing the opportunity for capital
appreciation, and the opportunity for enhanced distributions and
higher risk-adjusted returns due to an active covered-call writing
program. The Fund has a current distribution of $0.648 per unit per
annum, representing a cash distribution rate of 6.1% based on the
December 31, 2018 TSX closing price and had a total return of
4.0%(1) for the year ending December 31, 2018.
TLF also offers a distribution reinvestment plan
(“DRIP”) which provides unitholders with the ability to
automatically reinvest distributions, commission free, and realize
the benefits of compound growth.
About Brompton FundsBrompton
Funds, a division of Brompton Group which was founded in 2000, is
an experienced investment fund manager with over $2.0 billion in
assets under management. Brompton’s investment solutions include
ETFs and other TSX traded funds. For further information, please
contact your investment advisor, call Brompton’s investor relations
line at 416-642-6000 (toll-free at 1-866-642-6001), email
info@bromptongroup.com or visit our website at
www.bromptongroup.com.
(1)
|
Compound
Annual Returns |
1-YR |
3-YR |
5-YR |
Since Inception |
|
Tech
Leaders Income Fund |
4.0% |
14.8% |
8.6% |
9.1% |
|
S&P Technology Index |
(0.3%) |
16.4% |
14.9% |
15.0% |
|
S&P/TSX Composite Index |
(8.9%) |
6.4% |
4.1% |
3.7% |
Returns are for the periods ended December 31,
2018. Inception date May 20, 2011. The table shows TLF’s compound
returns for each period indicated compared with the S&P/TSX
Composite Index (‘‘Composite Index’’), and the S&P 500
Information Technology Index (‘‘S&P Technology Index’’). The
Composite Index tracks the performance, on a market weight basis,
of a broad index of large-capitalization issuers listed on the TSX.
The Technology Index, a sub-index of the S&P 500 Index, tracks
the performance of major North American technology companies on a
market weight basis. Since the indices contain a substantially
large number of companies, it is not expected that TLF’s
performance will mirror that of the indices. The benchmark indices
are calculated without the deduction of management fees, fund
expenses and trading commissions, whereas the performance of TLF is
calculated after deducting such fees and expenses.
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 does not take into account sales, redemption,
distribution or optional charges or income tax 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.
Certain statements contained in this document
constitute forward-looking information within the meaning of
Canadian securities laws. Forward-looking information may relate to
matters disclosed in this document and to other matters identified
in public filings relating to TLF, to the future outlook of TLF and
anticipated events or results and may include statements regarding
the future financial performance of TLF. In some cases,
forward-looking information can be identified by terms such as
“may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”,
“intend”, “estimate”, “predict”, “potential”, “continue” or other
similar expressions concerning matters that are not historical
facts. Actual results may vary from such forward-looking
information. Investors should not place undue reliance on
forward-looking statements. These forward-looking statements are
made as of the date hereof and we assume no obligation to update or
revise them to reflect new events or circumstances.
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