BROMPTON FLAHERTY & CRUMRINE ENHANCED INVESTMENT GRADE PREFERRED ETF (USD) BEPR.U.CA

Brompton Flaherty & Crumrine Enhanced Investment Grade Preferred ETF is an actively managed fund whose objective is to deliver stable monthly cash distributions and maintain a stable net asset value.

Its portfolio is mainly composed of investment-grade preferred shares and other income-producing corporate securities denominated in U.S. and Canadian dollars. The fund employs leverage of up to 33 percent of its total assets to enhance distributable income and total return potential.

At the time of investment, at least 75 percent of the portfolio must consist of investment-grade securities. The asset class focus is preferred shares and related corporate income securities of North American issuers, with an emphasis on U.S. preferreds due to their income characteristics and risk/return profile.

The ETF is issued by Brompton Funds Limited, with Flaherty & Crumrine Incorporated acting as sub-advisor. It trades in Canadian dollar and U.S. dollar units on the Toronto Stock Exchange.

The structure is an exchange-traded fund that allows enhanced income strategies through leverage.