Brompton Funds introduces risk ratings for preferred shares, offering better risk assessment

From GlobeNewswire: 2024-08-07 16:45:00

Brompton Funds has voluntarily elected to report risk ratings for their preferred shares, on the same basis required for mutual fund investments, offering a direct comparison to standard ratings reported by Canadian ETFs and mutual funds. The risk ratings are based on historical market price volatility and are intended to provide a better assessment of the risk profile of the Preferred Shares. The Preferred Shares have offered tax-advantaged quarterly distributions and stable returns relative to the S&P/TSX Preferred Share Index. Brompton Funds, founded in 2000, is an experienced investment fund manager providing various income and growth focused investment solutions.

Annualized compound returns to July 31, 2024, show the distribution rates and performance of different Preferred Shares compared to the S&P/TSX Preferred Share Index. Returns are unaudited and represent different periods ending on July 31, 2024. Investors should note that past performance does not necessarily indicate future performance. The historical returns are based on the redemption price per Preferred Share, assuming reinvestment of distributions. Additionally, on July 26, 2024, Dividend Growth Split Corp. announced an increase in distribution rate for the next term. Investors should be aware of brokerage fees, ongoing expenses, and risks associated with owning shares of an investment fund.

Investors can find more detailed information about each Fund in its public filings available at www.sedarplus.ca. The document also includes forward-looking information regarding the future financial performance of the Funds, but investors are advised not to place undue reliance on these statements.



Read more at GlobeNewswire: Brompton Funds Announces Preferred Share Risk Ratings