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Brompton Split Banc Corp T.SBC

Alternate Symbol(s):  T.SBC.P.A

Brompton Split Banc Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price of $10.00 per Preferred share to shareholders at maturity and to provide holders of Class A shares with regular monthly cash distributions, targeted to be at least $0.10 per Class A share, and the opportunity for growth in Net Asset Value per Class A share. The Fund invests in a portfolio of common shares of the six Canadian banks. In addition, the Fund may hold up to 10% of the total assets of the portfolio directly in investments in global financial companies or indirectly through exchange-traded funds for the purposes of enhanced diversification and return potential. The Fund's manager is Brompton Funds Limited.


TSX:SBC - Post by User

Post by EdPaquetteon Oct 23, 2020 1:36pm
199 Views
Post# 31771646

I don't think quadravest ever does this.

I don't think quadravest ever does this.
Class A shareholders of record at the close of business on April 25, 2017 received 21 additional class A shares for 
every 100 class A shares held, pursuant to the Share Split. Class A shareholders will continue to receive the same
targeted monthly distribution of $0.10 per class A share. As such, existing class A shareholders will be provided 
with an effective 21% increase in monthly cash distributions. The Company provides a distribution reinvestment 
plan, on a commission-free basis for class A shareholders that wish to reinvest distributions and realize the 
benefits of compound growth. 
Since inception in November 2005 to March 31, 2017, the class A shares have delivered a 12.0% per annum total 
return based on NAV, outperforming the total return of the S&P/TSX Capped Financials Index by 3.5% per 
annum and the total return of the S&P/TSX Composite Index by 5.6% per annum (1)
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