Brompton Funds Limited has announced the launch of a new ETF available for trade on the Toronto Stock Exchange (TSX). The Brompton Enhanced Multi-Asset Income ETF (BMAX) looks to offer investors direct and indirect exposure to a portfolio of equity and fixed income securities. BMAX will invest around 70% of its assets into equity covered call ETFs, 20% to fixed income ETFs, and 10% to preferred shares of split share corporations.
ETF Newz Says:
BMAX has been given an investor risk rating of “medium”.
