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Revealed Jun 03, 2024 • 2 minute learn
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TORONTO, June 03, 2024 (GLOBE NEWSWIRE) — (TSX: KNGC, KNGU) Brompton Funds Restricted (the “Supervisor”) is happy to announce that Brompton Canadian Money Circulate Kings ETF (“KNGC”) and Brompton U.S. Money Circulate Kings ETF (“KNGU”) (every an “ETF” and collectively the “ETFs”) will start buying and selling on the Toronto Inventory Trade (the “TSX”) immediately. A last prospectus dated Might 21, 2024 has been filed with the securities regulatory authorities in every province and territory in Canada.
The ETFs purpose to ship long-term capital appreciation by investing in high quality Canadian or U.S. corporations, respectively, with excessive free money movement yields. The Supervisor believes excessive free money movement yielding corporations supply engaging worth and have the monetary energy and adaptability to ship engaging returns for traders within the close to and long run.
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The funding goal of KNGC is to hunt to copy, to the extent moderately doable and earlier than charges and bills, the efficiency of the Brompton Index One Canadian Money Circulate Kings Index (the “Canadian Index”), or any successor thereto. The Canadian Index tracks the efficiency of 35 mid- to large-capitalization Canadian equities whose issuers exhibit excessive free money movement relative to their enterprise worth.
The funding goal of KNGU is to hunt to copy, to the extent moderately doable and earlier than charges and bills, the efficiency of the Brompton Index One U.S. Money Circulate Kings Index (the “U.S. Index”). The U.S. Index tracks the efficiency of fifty mid- to large-capitalization U.S. equities whose issuers exhibit excessive free money movement relative to their enterprise worth.
The ETFs will search to realize their respective funding goal by investing in and holding the constituent securities of the Canadian Index or U.S. Index (every an “Index”), as relevant, or securities supposed to copy the efficiency of the relevant Index.
The Supervisor has assigned every ETF a danger score of “medium to excessive”. For additional particulars, please discuss with the ETF Information paperwork accessible on www.sedarplus.ca or on every ETF’s dwelling web page at www.bromptongroup.com.
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About Brompton Funds
Based in 2000, Brompton is an skilled funding fund supervisor with revenue and progress targeted funding options together with TSX traded closed-end funds and exchange-traded funds. For additional data, please contact your funding advisor, name Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), e-mail information@bromptongroup.com or go to our web site at www.bromptongroup.com.
Commissions, administration charges and bills all could also be related to exchange-traded fund investments. Please learn the prospectus earlier than investing. Trade-traded funds usually are not assured, their values change regularly and previous efficiency might not be repeated.
Sure statements contained on this information launch represent forward-looking data inside the that means of Canadian securities legal guidelines. Ahead-looking data might relate to issues disclosed on this press launch and to different issues recognized in public filings regarding the ETFs, to the longer term outlook of the ETFs and anticipated occasions or outcomes and will embrace statements relating to the longer term monetary efficiency of the ETFs. In some instances, forward-looking data may be recognized by phrases akin to “might”, “will”, “ought to”, “anticipate”, “plan”, “anticipate”, “imagine”, “intend”, “estimate”, “predict”, “potential”, “proceed” or different comparable expressions regarding issues that aren’t historic details. Precise outcomes might fluctuate from such forward-looking data. Traders shouldn’t place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to replace or revise them to mirror new occasions or circumstances.
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