Brompton North American Low Volatility Dividend ETF

  • Management Style
    Quantitative/Active with Covered Calls
  • Closing Price (Jan 17, 2025)
    $22.88
  • NAV (Jan 17, 2025)
    $22.87
  • Distribution Rate (Jan 17, 2025)
    4.46%
  • ESG Score (*)
    B+

Low Volatility Covered Call ETF with Monthly Income 

 

Brompton North American Low Volatility Dividend ETF (BLOV) provides stable monthly cash distributions and the opportunity for capital appreciation. Quantitative modelling combined with active fundamental analysis is used to construct an overall low-volatility portfolio. This low volatility ETF uses an active covered call writing program to generate additional income and further reduce overall portfolio volatility. 

Investment Highlights:

  • Low volatility portfolio of large-cap North American equities 
  • Stable monthly income plus growth potential 
  • Covered call writing to enhance income and lower portfolio volatility 
  • Low fee strategy (0.55% management fee)

Why Invest in a Low Volatility ETF?

  • Low volatility portfolios are designed to reduce the impact of market fluctuations, leading to a smoother investment experience 
  • Over the long term, low volatility strategies have offered higher risk-adjusted returns than U.S. or Canadian broad equity markets1
  • Brompton believes that its blended quantitative and fundamental approach to constructing a Low Volatility portfolio is a more effective strategy than taken by many competing low volatility ETFs 

FUND FACTS

  • Ticker
    BLOV
  • CUSIP
    11222V100
  • Outstanding (Jan 17, 2025)
    555,000
  • Inception Date (CAD Hedged)
    April 30, 2020
  • Management Fee
    0.55%
  • Manager/Portfolio Manager
    Brompton Funds Limited
  • Auditor
    PricewaterhouseCoopers LLP
  • Currency
    Hedged to CAD
  • Custodian
    CIBC Mellon Trust Company
  • Transfer Agent
    TSX Trust Company
  • Eligibility
    All registered and non-registered accounts
  • Risk Rating
    Medium

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.

This webpage is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. The opinions contained in this report are solely those of Brompton Funds Limited (“BFL”) and are subject to change without notice. BFL makes every effort to ensure that the information has been derived from sources believed to be reliable and accurate. However, BFL assumes no responsibility for any losses or damages, whether direct or indirect which arise from the use of this information. BFL is under no obligation to update the information contained herein. The information should not be regarded as a substitute for the exercise of your own judgment. Please read the prospectus before investing.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded fund investments. 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. Please read the prospectus before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

Information contained on this webpage was published at a specific point in time. Upon publication, it is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. Certain statements contained on this webpage constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed on this webpage and to other matters identified in public filings relating to the ETF, to the future outlook of the ETF and anticipated events or results and may include statements regarding the future financial performance of the ETF. 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.

Brompton North American Low Volatility Dividend ETF

Summary of Investment Portfolio as at December 31, 2024

Total Net Asset Value$12,146,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
Pembina Pipeline Corp.5.8%
Loblaw Companies Ltd.5.4%
Republic Services Inc.5.3%
JPMorgan Chase & Co.5.0%
Microsoft Corp.4.3%
Cboe Global Markets Inc.4.3%
Metro Inc.4.2%
ServiceNow Inc.4.2%
Thomson Reuters Corp.4.2%
Altria Group Inc.4.0%
Progressive Corp.4.0%
Enbridge Inc.3.9%
AbbVie Inc.3.9%
Imperial Oil Ltd.3.9%
T-Mobile US Inc.3.8%
Coca-Cola Co.3.4%
Church & Dwight Co Inc.3.4%
Colgate-Palmolive Co.3.4%
Unitedhealth Group Inc.3.3%
Motorola Solutions Inc.3.3%
Cencora Inc.3.2%
Walmart Inc.3.2%
Procter & Gamble Co.2.7%
Hydro One Ltd.2.7%
Waste Connections Inc.2.6%
Total97.4%
Performance NAV History

Growth of $10,000(1)

Annual Compound Returns(2)

YTD 1-Year 3-Year 5-Year 10-Year Since Inception(3) Since Inception(4) Since Inception(2)
Brompton North American Low Volatility Dividend ETF 10.8% 10.8% 0.2% 6.9%

Year-by-Year Returns

2024 2023 2022 2021 2020 (4)
Brompton North American Low Volatility Dividend ETF 10.8% (1.1%) (8.2%) 21.8% 11.3%

Returns for Brompton North American Low Volatility Dividend ETF are unaudited.

This webpage is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. The opinions contained in this report are solely those of Brompton Funds Limited (“BFL”) and are subject to change without notice. BFL makes every effort to ensure that the information has been derived from sources believed to be reliable and accurate. However, BFL assumes no responsibility for any losses or damages, whether direct or indirect which arise from the use of this information. BFL is under no obligation to update the information contained herein. The information should not be regarded as a substitute for the exercise of your own judgment. Please read the prospectus before investing.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded fund investments. 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. Please read the prospectus before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

Information contained on this webpage was published at a specific point in time. Upon publication, it is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. Certain statements contained on this webpage constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed on this webpage and to other matters identified in public filings relating to the ETF, to the future outlook of the ETF and anticipated events or results and may include statements regarding the future financial performance of the ETF. 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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Distributions

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.

DRIP

Investors may elect to automatically reinvest their distributions in additional units of the Fund and realize the benefits of compound growth.

DRIP Plan

Tax Allocation

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.

Select a year
Record Date Payment Date Capital Gains Eligible Dividend Foreign Non- Business Income Foreign Non- Business Income Tax Paid Other Income Return of Capital Total Distribution
Dec 31, 2024 Jan 15, 2025 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Nov 29, 2024 Dec 13, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Oct 31, 2024 Nov 14, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Sep 30, 2024 Oct 15, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Aug 30, 2024 Sep 16, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Jul 31, 2024 Aug 15, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Jun 28, 2024 Jul 15, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
May 31, 2024 Jun 14, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Apr 30, 2024 May 14, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Mar 28, 2024 Apr 12, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Feb 29, 2024 Mar 14, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Jan 31, 2024 Feb 14, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.08500
Total 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 1.02000
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