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Valuation
Brompton Split Banc Corp
T.SBC
Alternate Symbol(s):
T.SBC.PR.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.
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TSX:SBC - Post by User
Brompton Split Banc Corp
> NAV (Nov 19, 2020) $10.08
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EdPaquette
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Comment by
EdPaquette
on Nov 20, 2020 9:28am
52 Views
Post# 31939700
RE:NAV (Nov 19, 2020) $10.08
RE:NAV (Nov 19, 2020) $10.08
Maybe we are the cause of the "Brompton Discount" because if this was a quadravest fund we would say its nav is 20 dollars.
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