World News: 15:32 GMT Friday 12th October 2018. [Global Healthcare Income & Growth ETF via Globe Newswire via SPi World News]
TORONTO, Oct. 12, 2018 (GLOBE NEWSWIRE) -- Investors and investment advisors are invited to listen to an update on (“HIG”), hosted by Senior Portfolio Manager Laura Lau of Brompton Funds. Laura discusses the ETF’s portfolio and the outlook for the Healthcare sector. The Manager believes that current valuations for Healthcare companies are attractive given their strong growth prospects. The presentation recorded on October 10, 2018 has been posted to the Brompton Funds website at the following link:
HIG provides investors with exposure to an equal-weight portfolio of equity securities of large capitalization global Healthcare 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. The Fund has a current distribution of $0.60 per unit per annum, representing a cash distribution rate of 6.5% based on the October 10, 2018 TSX closing price and has a total return of 15.6%for the year to date as of September 30, 2018.
HIG also offers a distribution reinvestment plan (“DRIP”) which provides unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.
Globe Newswire: 15:32 GMT Friday 12th October 2018
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