Brompton Split Banc Corp. (TSX: SBC)

  • Enhanced exposure to common shares of Canada’s “Big Six” banks
  • High monthly distributions: 9.5% per annum current distribution rate(1)
  • Long-term track record of outperformance of the S&P/TSX Capped Financial Index and the S&P/TSX Composite Index

Annual Compound Returns(2) 1-Year 3-Year 5-Year 10-Year Since Inception(3)
Brompton Split Banc Corp. (TSX: SBC) (2.8%) 15.4% 10.8% 23.9% 10.4%
S&P/TSX Capped Financials Index 3.8% 10.9% 8.5% 14.0% 7.9%
S&P/TSX Composite Index 8.1% 9.3% 5.4% 9.5% 5.4%

Why invest in the Canadian Banks?

  • The Big Six Canadian Bank stocks have averaged in excess of 2 times the total return of the S&P/TSX Composite Index over the past 10 years and have increased dividends by an average of ~75%(4)
  • Banks are attractively valued relative to the S&P/TSX Composite Index while also offering higher dividend yields and higher return on equity(4)
  • Brompton expects higher economic growth will lead to higher long-term interest rates. Canadian banks have historically delivered strong positive returns during periods of rising long-term interest rates(4)
  • Canada’s banks have consistently been ranked among the soundest in the world by the World Economic Forum

Learn more about
Brompton Split Banc Corp.

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What are
Split Share Funds?

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(1) Source: Thomson Reuters as at March 31, 2019.
(2) Returns are for the periods ended March 31, 2019. The table shows the Fund’s compound return on a Class A share, Preferred share and unit for each period indicated compared with the S&P/TSX Capped Financials Index (‘‘Financials Index’’) and the S&P/TSX Composite Index (‘‘Composite Index’’). The Financials Index is derived from the Composite Index based on the financials sector of the Global Industry Classification Standard. The Composite Index tracks the performance, on a market weight basis, of a broad index of large-capitalization issuers listed on the TSX. The Fund passively invests on an equal weight basis in a portfolio comprised of six Canadian banks which are in both the Financials Index and the Composite Index. Since the indices have more diversified portfolios, it is not expected that the Fund’s performance will mirror that of the indices. The Financials Index and Composite Index returns are calculated without the impact of management fees, fund expenses and trading commissions, whereas the performance of the Fund’s Class A shares and units are calculated after deducting such fees and expenses. Sources: Brompton, Thomson Reuters.
(3) Inception date November 16, 2005;
(4) Source: Bloomberg as at March 31, 2019. Valuation based on price-to-earnings ratio using consensus estimates of earnings for fiscal year 2018.

You will usually pay brokerage fees to your dealer if you purchase or sell shares of the fund on the TSX or other alternative Canadian trading system (an “exchange). If the shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying shares of the fund and may receive less than the current net asset value when selling them.

There are ongoing fees and expenses associated with owning shares of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in the public filings available at The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and do not take into account certain fees such as redemption costs or income taxes payable by any securityholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.