BROMPTON SPLIT CORP PFD SH ETF CAD UNITBROMPTON SPLIT CORP PFD SH ETF CAD UNITBROMPTON SPLIT CORP PFD SH ETF CAD UNIT

BROMPTON SPLIT CORP PFD SH ETF CAD UNIT

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Key stats


Assets under management (AUM)
‪533.74 M‬CAD
Fund flows (1Y)
‪327.03 M‬CAD
Dividend yield (indicated)
5.96%
Discount/Premium to NAV
0.2%
Shares outstanding
‪48.31 M‬
Expense ratio

About BROMPTON SPLIT CORP PFD SH ETF CAD UNIT


Issuer
Brompton Corp.
Brand
Brompton
Inception date
Jun 2, 2023
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Brompton Funds Ltd.
The fund aims for monthly distributions and capital preservation opportunities by investing in preferred shares offered by Canadian split share corporations listed on a Canadian exchange. Split share corporations typically issue both common and preferred stocks to transform the risk and investment return of dividends and capital gains into streams of revenue for two different groups of investors. By only selecting preferred shares, the fund managers believe that investors may be able to diversify sources of preferred dividend income and potentially add stability to preferred share portfolios. The actively managed fund, which is the first split preferred ETF in Canada, may invest in preferred shares of other issuers, other investment funds and ETFs, equities or income-generating securities, as well as convertibles. The fund may invest in derivative instruments, hedge currency, or lend securities.

Classification


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SPLT via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPLT trades at 11.06 CAD today, its price has fallen −0.27% in the past 24 hours. Track more dynamics on SPLT price chart.
SPLT net asset value is 11.07 today — it's risen 2.80% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPLT assets under management is ‪533.74 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPLT price has risen by 1.75% over the last month, and its yearly performance shows a 5.53% increase. See more dynamics on SPLT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.80% over the last month, showed a −0.70% decrease in three-month performance and has increased by 12.53% in a year.
SPLT fund flows account for ‪327.03 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPLT invests in bonds. See more details in our Analysis section.
No, SPLT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPLT technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPLT shows the buy signal. See more of SPLT technicals for a more comprehensive analysis.
Yes, SPLT pays dividends to its holders with the dividend yield of 5.96%.
SPLT trades at a premium (0.22%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPLT shares are issued by Brompton Corp.
SPLT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 2, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.