Brompton Funds Unveils New Risk Ratings for Preferred Shares

Dividend Growth Split Corp. Class A (TSE:DGS) has released an update.

Brompton Funds has introduced risk ratings for preferred shares of several funds, aligning with the standard classifications used by Canadian ETFs and mutual funds. These ratings are calculated based on the historical volatility and are supplemented by existing credit ratings. The preferred shares aim to provide stable, tax-advantaged returns, with historical performance showing consistency relative to the S&P/TSX Preferred Share Index.

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