FFI – October Update Presentation
The Fund has been assigned an investment grade rating of P-2(low)f by Standard & Poor’s. The Fund’s investment objectives are to provide unitholders with a stable stream of monthly distributions, to preserve the net asset value per unit and to enhance the total return per unit by actively managing the portfolio. To achieve these objectives, the Fund invests in a portfolio of fixed income securities consisting primarily of US-dollar-denominated corporate debt and preferred securities of North American issuers that have an investment grade rating at time of purchase. Substantially all of the US dollar foreign exchange exposure of the Fund’s portfolio is hedged to the Canadian dollar.
The Fund has generated a compound return of 9.2% per annum for the 10 years ending
About Brompton Funds
Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded 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.
Compound Annual NAV Returns Performance to | 1 Yr | 3 Yrs | 5 Yrs | 10 Yrs | Incep. (15/12/04) | |||||
(5.4%) | 2.2% | 5.6% | 9.2% | 5.2% |
Returns are for the periods ended
The securities offered have not been registered under the
You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment fund on the
There are ongoing fees and expenses associated with owning units 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 Fund in the public filings available at www.sedar.com. 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 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.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. 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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