Brompton Launches US-Denominated Units for Split Corp. Preferred Share ETF

Brompton Funds Limited has announced the launch of US dollar-denominated units (USD Units) for its Brompton Split Corp. Preferred Share ETF, which will begin trading on the Toronto Stock Exchange today.

The USD Units will be listed under the ticker symbol SPLT.U and will allow investors to purchase and sell shares in US dollars.

The ETF aims to provide monthly distributions and capital preservation primarily through a portfolio of preferred shares from Canadian split share corporations, as well as other income-generating securities.