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Brompton Funds Provides Financials Sector Update

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TORONTO, Sept. 13, 2018 (GLOBE NEWSWIRE) -- (TSX:LBS, LBS.PR.A, SBC, SBC.PR.A, LCS, LCS.PR.A)) Investors and Investment Advisors are invited to listen to a recorded update on Brompton's financials-focused split share funds, hosted by Portfolio Manager Michael Clare of Brompton Funds.

Michael Clare discusses five reasons to invest in the Canadian Financials Sector, with a focus on banks and lifecos which he believes have attractive income and growth potential. Life & Banc Split Corp., Brompton Split Banc Corp. and Brompton Lifeco Split Corp. each provide investors with significant exposure to bank and/or lifeco stocks. The presentation recorded on September 12, 2018 has been posted to the Brompton Funds website at the following link:

http://www.bromptongroup.com/presentation/financials_update_2018

About Brompton's Financials-Focussed Split Share Funds
Life & Banc Split Corp. invests on an equal weight basis in a portfolio of Canada's four largest publicly-listed life insurance companies and the "Big Six" banks.

Brompton Split Banc Corp. invests, on an equal weight basis, in a portfolio consisting of common shares of the six largest Canadian banks.

Brompton Lifeco Split Corp. invests on an equal weight basis in a portfolio of common shares of Canada's four largest publicly-listed life insurance companies.

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 info@bromptongroup.com or visit our website at www.bromptongroup.com.

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

There are ongoing fees and expenses associated with owning shares of an investment fund.   An investment fund must prepare disclosure documents that contain key information about a Fund.  You can find more detailed information about a Fund in the public filings available at www.sedar.com.  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 a Fund, to the future outlook of a Fund and anticipated events or results and may include statements regarding the future financial performance of a 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 of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

 

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