Le Lézard
Classified in: Business
Subject: MUTUAL FUNDS

Brompton Funds Provides Update on European Dividend Growth Fund


TORONTO, Aug. 16, 2018 (GLOBE NEWSWIRE) -- (TSX: EDGF.UN) Investors and investment advisors are invited to listen to an update presentation on European Dividend Growth Fund (the "Fund"), hosted by Portfolio Manager Michael Clare of Brompton Funds. Michael Clare discusses the Fund's portfolio, and European equities. The Manager believes that current valuations for European companies are attractive given their strong growth prospects. A link to the presentation recorded on August 16, 2018 has been posted to the Brompton Funds website at the following link:

www.bromptongroup.com/presentation/edgf_update_August2018

The Fund was created to provide investors with exposure to an equal-weight portfolio of equity securities of large capitalization global European 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 $0.50 per unit per annum, representing a current distribution rate of 5.5% based on the August 15, 2018 TSX closing price(1).

The Fund 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.

About Brompton Funds
Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with over $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 [email protected] or visit our website at www.bromptongroup.com.

European Dividend Growth Fund(1)
Performance to July 31, 2018

 YTD1 YearSince Inception
July 21, 2017
European Dividend Growth Fund (EDGF.UN)2.0%6.1%5.8%
STOXX Europe 600 Index0.6%3.6%2.9%

(1) Returns are for the period ended July 31, 2018. The table shows the Fund's compound return since inception compared with the STOXX Europe 600 Index. The Fund invests in large-capitalization European equity securities that are selected from the STOXX Europe 600 Index. The STOXX Europe 600 Index is a subset of the STOXX Global 1800 Index, representing large, mid and small capitalization companies across 17 European developed countries.  Since the Fund is actively managed, the sector weightings may differ from those of the indices. The benchmark indices are calculated without the deduction of management fees and fund expenses, whereas the performance of the Fund is calculated after deducting such fees and expenses.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment fund on the Toronto Stock Exchange or other alternative Canadian trading system (an "exchange").  If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset values when selling them.

There are ongoing fees and expenses associated with owning units of an investment fund.  An investment fund must prepare disclosure documents that contain key information about the Fund.  You can find more detailed information about the Fund in the public filings available at www.sedar.com. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account certain fees such as redemption costs or income taxes payable by any security holder that would have reduced returns.   Investment 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 news release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund.  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.


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