/NOT FOR DISTRIBUTION TO
The sales period for this overnight offering will end at
The Class A Shares will be offered at a price of
The Company invests in a portfolio (the "Portfolio") consisting of common shares of the six largest Canadian banks and the four major publicly traded Canadian life insurance companies:
Manulife Financial Corporation | Bank of Montreal |
Sun Life Financial Inc. | The Toronto-Dominion Bank |
iA | National Bank of Canada |
Royal Bank of Canada | The Bank of Nova Scotia |
Great-West Lifeco Inc. | Canadian Imperial Bank of Commerce |
Over the last 10 years, the Class A Shares have delivered a 15.8% per annum total return based on net asset value ("NAV") and the
Preferred Shares have returned 5.2% per annum, as of
The investment objectives for the Class A Shares are to provide holders with regular monthly cash distributions targeted to be
The investment objectives for the Preferred Shares are to provide holders with fixed cumulative preferential quarterly cash distributions, currently in the amount of
About
Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including exchange-traded funds (ETFs) and other TSX traded investment 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) See Performance table below. No cash distributions will be paid on the Class A Shares if, after the payment of a cash distribution by the Company, the net asset value per Unit (consisting of 1 Class A Share and 1 Preferred Share) would be less than
A short form base shelf prospectus containing important detailed information about the securities being offered has been filed with securities commissions or similar authorities in each of the provinces and territories of
You will usually pay brokerage fees to your dealer if you purchase or sell shares of the Company 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 Company 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 Company in its public filings available at www.sedar.com. 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.
Compound Annual NAV Returns to | 1-Yr | 3-Yr | 5-Yr | 10-Yr | S.I. | |||||
Class A Shares (TSX: LBS) | (19.3 %) | 7.5 % | 5.9 % | 15.8 % | 9.3 % | |||||
Preferred Shares (TSX: LBS.PR.A) | 5.6 % | 5.6 % | 5.4 % | 5.2 % | 5.2 % | |||||
(6.7 %) | 6.7 % | 5.7 % | 9.8 % | 6.9 % |
Returns are for the periods ended
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 the Company, to the future outlook of the Company and anticipated events or results and may include statements regarding the future financial performance of the Company. 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.
The securities offered have not been registered under the
SOURCE
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