Brompton Launches Multi-Asset Income ETF

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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”.

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