Brompton Funds Unveils Preferred Share Risk Ratings

Brompton Oil Splt A (TSE:ESP) has released an update.

Brompton Funds has introduced standardized risk ratings for the preferred shares of several of its funds, making it easier for investors to compare the risk profiles to those of Canadian ETFs and mutual funds. These new ratings complement existing credit assessments and are based on historical market price volatility. Additionally, the preferred shares have been highlighted for offering tax-advantaged quarterly distributions and stable returns versus the S&P/TSX Preferred Share Index.

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