Brompton Tech Leaders Income ETF Declares Special Year End Distribution

Not for distribution to U.S. newswire services or for dissemination in the United States.

TORONTO, Dec. 22, 2021 (GLOBE NEWSWIRE) — (TSX: TLF) As of November 30, 2021, Brompton Tech Leaders Income ETF (the “ETF”) has generated a year-to-date return of 27.1%(1) and estimates that it will generate capital gains of approximately $1.55 per unit in excess of its previously announced distributions for the year ended December 31, 2021. As a result, the ETF announces a special distribution estimated to be $1.55 per unit to unitholders of record at the close of business on December 31, 2021 that will be automatically reinvested in additional units. Immediately following issuance, the units of the ETF will be automatically consolidated and as a result, unitholders will hold the same number of units after the distribution as they held before it. The estimated amount of $1.55 per unit of automatic reinvestment may change depending on any other transactions occurring before year end and the actual income for the year as finally determined. The adjusted cost base of a holder’s units will be increased by the amount of the distribution reinvested in units as of December 31, 2021.

About Brompton Funds
Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including exchange-traded funds (ETFs) and other TSX traded investment 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 [email protected] or visit our website at www.bromptongroup.com.

(1) Annual Compound Returns to November 30, 2021 YTD 1-year 3-year 5-year 10-year
TLF 27.1% 33.8% 30.4% 27.7% 17.3%

Returns are for the periods ended November 30, 2021 and are unaudited. The table above shows the past performance of the ETF. Past performance does not necessarily indicate how the ETF will perform in the future. The information shown is based on Net Asset Value per unit and assumes that distributions made by the ETF on its units in the period shown were reinvested at Net Asset Value per unit in additional units of the ETF. The table above table shows the ETF’s compound return for each period indicated.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy Units nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded fund investments. Please read the prospectus before investing. The indicated rates of returns are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income tax payable by any securityholder that would have reduced returns. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the ETF, to the future outlook of the ETF and anticipated events or results and may include statements regarding the future financial performance of the ETF. 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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