TORONTO, Oct. 12, 2018 (GLOBE NEWSWIRE) -- (TSX:HIG) Investors and investment advisors are invited to listen to an update on Global Healthcare Income & Growth ETF (“HIG”), hosted by Senior Portfolio Manager Laura Lau of Brompton Funds. Laura discusses the ETF’s portfolio and the outlook for the Healthcare sector. The Manager believes that current valuations for Healthcare companies are attractive given their strong growth prospects. The presentation recorded on October 10, 2018 has been posted to the Brompton Funds website at the following link: http://www.bromptongroup.com/healthcareupdate_2018/ HIG provides investors with exposure to an equal-weight portfolio of equity securities of large capitalization global Healthcare companies, providing the opportunity for capital appreciation, and the opportunity for enhanced distributions and higher risk-adjusted returns due to an active covered-call writing program. The Fund has a current distribution of $0.60 per unit per annum, representing a cash distribution rate of 6.5% based on the October 10, 2018 TSX closing price and has a total return of 15.6%(1) for the year to date as of September 30, 2018. HIG also offers a distribution reinvestment plan (“DRIP”) which provides unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth. About Brompton Funds Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with approximately $2.0 billion in assets under management. Brompton’s investment solutions include ETFs and other TSX 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 [email protected] or visit our website at www.bromptongroup.com. (1) Compound Annual Returns*YTD1-YR3-YRSince InceptionGlobal Healthcare Income & Growth Fund15.6%12.6%7.6%7.4%MSCI World Health Care Index13.7%14.8%11.1%10.0%S&P/TSX Composite Index1.4%5.9%9.7%9.6% *Returns are for the periods ended September 30, 2018. Inception date September 24, 2015. The table shows the ETF’s compound return compared for each period indicated compared with the MSCI World Health Care Index (“Health Care Index”) and the S&P/TSX Composite Index (‘‘Composite Index’’). The Health Care Index represents the healthcare industry group of the MSCI World Index. The Composite Index tracks the performance, on a market weight basis, of a broad index of large-capitalization issuers listed on the TSX. The ETF’s portfolio is expected to invest in at least 15 healthcare companies. It is not expected that the ETF’s performance will mirror that of the benchmark indices, since the Health Care Index contains a substantially larger number of companies and the Composite Index is more diversified across multiple industries. Further, the benchmark indices are calculated without the deduction of management fees, fund expenses and trading expenses, whereas the performance of the ETF is calculated after deducting such fees and expenses. 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 return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and does 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 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.
Brompton Funds Provides Update on Global Healthcare Income & Growth ETF
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