Brompton Funds Declare Distributions
November 23 2023 - 4:18PM
(TSX: DGS.PR.A, GDV, LBS, LCS, PWI, SBC) –
Brompton Funds announces distributions payable on December 14, 2023
to class A shareholders of record at the close of business on
November 30, 2023 for each of the following funds:
Fund Name |
Ticker |
Amount Per Share |
Global Dividend Growth Split Corp. (“GDV”) |
GDV |
$ |
0.10 |
Life & Banc Split Corp. (“LBS”) |
LBS |
$ |
0.10 |
Brompton
Lifeco Split Corp. (“LCS”) |
LCS |
$ |
0.075 |
Sustainable Power & Infrastructure Split Corp. (“PWI”) |
PWI |
$ |
0.06667 |
Brompton Split Banc Corp. (“SBC”) |
SBC |
$ |
0.10 |
|
|
|
|
Brompton Funds also announces distributions
payable on December 14, 2023 to preferred shareholders of record at
the close of business on November 30, 2023 for the following
fund:
Fund Name |
Ticker |
Amount Per Share |
Dividend Growth Split Corp. |
DGS.PR.A |
$ |
0.1375 |
|
|
|
|
Distributions for the class A shares of
Sustainable Power & Infrastructure Split Corp. (“PWI”) are
being announced for November as the most recently calculated net
asset value per unit of PWI as at November 22, 2023, (after taking
into account the payment of cash distributions) was greater than
$15.00. In accordance with the articles for PWI, cash distributions
may be paid on the class A shares provided that (a) the
distributions payable on the preferred shares are not in arrears,
and (b) after the payment of cash distributions, the net asset
value per unit is not less than $15.00. Each month, PWI reviews
whether the net asset value per unit meets these requirements in
order to determine if the class A share distribution will be
announced for such month.
The funds noted above offer distribution
reinvestment plans (“DRIP”) for class A shareholders which provide
class A shareholders with the ability to automatically reinvest
distributions, commission free, and realize the benefits of
compound growth. Class A shareholders can enroll in a DRIP program
by contacting their investment advisor.
About Brompton FundsFounded 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.
You will usually pay brokerage fees to your
dealer if you purchase or sell shares of the investment funds on
the Toronto Stock Exchange 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 investment 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
funds. You can find more detailed information about the funds in
the public filings available at www.sedar.com. Investment 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 the funds, to the future outlook of
the funds and anticipated events or results and may include
statements regarding the future financial performance of the funds.
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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