TORONTO, April 03, 2018 (GLOBE NEWSWIRE) -- (TSX:HIG) (TSX:TLF) Brompton Funds Limited (the “Manager”), the manager of each of Global Healthcare Income & Growth Fund (“HIG.UN”) and Tech Leaders Income Fund (“TLF.UN” and together, the “Funds”) is pleased to announce that the Funds have completed their conversions to exchange-traded funds (“ETFs”) as approved by unitholders at a meeting held on February 28, 2018. A final prospectus dated March 28, 2018 has been filed with the securities regulatory authorities in each province and territory in Canada.
Commencing today, HIG.UN has become Global Healthcare Income & Growth ETF (new TSX ticker symbol: HIG) and TLF.UN has become Tech Leaders Income ETF (new TSX ticker symbol: TLF). Units of the Funds were converted to units of the applicable ETF on a 1:1 basis.
Investors and investment advisors are invited to listen to an update recorded on April 2, 2018 on Global Healthcare Income & Growth ETF, hosted by Laura Lau, Senior Portfolio Manager, Brompton Funds.
Investors and investment advisors are also invited to listen to an update recorded on April 2, 2018 on Tech Leaders Income ETF, hosted by Mike Clare, Portfolio Manager, Brompton Funds.
The benefits of the conversions are as follows:
About Brompton Funds
Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with approximately $2 billion in assets under management. Brompton’s investment solutions include TSX traded funds, mutual funds and flow-through limited partnerships. 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 us at email@example.com or visit our website at www.bromptongroup.com.
Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded fund investments. Please read the prospectus before investing. The indicated rate[s] of return is [are] the historical annual compounded total return[s] 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 news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the ETFs, to the future outlook of the ETFs and anticipated events or results and may include statements regarding the future financial performance of the ETFs. 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.