Key stats
About BROMPTON GLB HEALTHCARE INCM AND GR CAD UNITS
Home page
Inception date
Apr 3, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Brompton Funds Ltd.
The fund is an actively managed fund that seeks stable monthly distributions, capital appreciation, and reduced volatility by investing in a concentrated portfolio of 15 to 30 global, large-cap health care companies that exhibit both value and growth characteristics. Companies that meet the funds market-cap criterion are further evaluated based on the following metrics: valuation, growth prospects, profitability, liquidity, balance sheet strength and dividend yield. In addition, the fund may invest up to 25% in other health care-related companies that meet their size requirement. Call options are then written at the fund managers discretion in order to generate additional returns and to achieve lower overall portfolio volatility. The fund is an unhedged version of HIG that trades in USD.
Classification
What's in the fund
Exposure type
Health Technology
Health Services
Distribution Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HIG trades at 7.56 CAD today, its price has risen 0.80% in the past 24 hours. Track more dynamics on HIG price chart.
HIG net asset value is 7.51 today — it's fallen 2.10% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HIG assets under management is 52.94 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HIG price has fallen by −0.40% over the last month, and its yearly performance shows a −13.40% decrease. See more dynamics on HIG price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.10% over the last month, showed a −6.66% decrease in three-month performance and has decreased by −5.83% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.10% over the last month, showed a −6.66% decrease in three-month performance and has decreased by −5.83% in a year.
HIG fund flows account for 7.62 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HIG invests in stocks. See more details in our Analysis section.
HIG expense ratio is 1.09%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HIG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HIG technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HIG shows the strong sell signal. See more of HIG technicals for a more comprehensive analysis.
Today, HIG technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HIG shows the strong sell signal. See more of HIG technicals for a more comprehensive analysis.
Yes, HIG pays dividends to its holders with the dividend yield of 8.73%.
HIG trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HIG shares are issued by Brompton Corp.
HIG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 3, 2018.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.