Brompton Tech Leaders Income ETF Announces Increased Distributions and Update on Special Year End Distribution

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TORONTO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- (TSX: TLF, TLF.U) – Brompton Funds is pleased to announce an increase in monthly distributions for record dates from January to March 2022 for Brompton Tech Leaders Income ETF (“the Fund”):

Ticker

Amount Per Unit

Brompton Tech Leaders Income ETF

TLF

Cdn$ 0.08333

TLF.U

US$ 0.08333

Record Dates and Payment Dates are as follows:

Record Date

Payment Date

January 31, 2022

February 14, 2022

February 28, 2022

March 14, 2022

March 31, 2022

April 14, 2022

The new distribution rate for TLF of $1.00 per annum, or 5.2% based on the TSX mid-day price of $19.32 on January 24, 2022, represents a 25% increase from the previous level. TLF has paid 127 consecutive monthly distributions since inception on May 20, 2011 for total distributions of $7.03 per unit. TLF.U is the unhedged unit and will also enjoy a US$1.00 per unit annual distribution rate.

On December 22, 2021, the Fund announced a special year end distribution for TLF estimated to be $1.55 per unit to unitholders of record at the close of business on December 31, 2021 which were automatically reinvested in additional units. Immediately following the issuance, the units of TLF were automatically consolidated and as a result, unitholders held the same number of units after the distribution as they did before. This amount is final at $1.55 per unit.

The Fund provides investors with exposure to a portfolio of equity securities of large capitalization global Technology 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.

Unitholders are reminded that TLF offers a distribution reinvestment plan (“DRIP”) which provide unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth. Unitholders can enroll in a DRIP program by contacting their investment advisor.

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 info@bromptongroup.com or visit our website at www.bromptongroup.com.

Annual Compound Returns

1-year

3-year

5-year

10-year

Since Inception TLF

Since Inception TLF.U

Brompton Tech Leaders Income ETF – (CAD hedged)

30.4%

35.3%

28.2%

17.8%

15.9%

-

Brompton Tech Leaders Income ETF – (USD)

31.0%

-

-

-

35.6%

Returns are for the periods ended December 31, 2021 and are unaudited. TLF inception date May 20, 2011. TLF.U inception date August 8, 2019. This table shows the unit’s compound return for each period indicated.

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 unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes 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 Fund, to the future outlook of the Fund 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.



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