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Taylor North American Equity Opportunities Fund completes merger with Brompton Global Dividend Growth ETF


Brompton Funds Limited, the manager of Taylor North American Equity Opportunities Fund (TOF) has completed the merger of TOF into Brompton Global Dividend Growth ETF (BDIV).

The merger was approved at a special meeting of unitholders of TOF held on 30 November 2018. 
The merger was implemented using exchange ratios based on the relative net asset value (NAV) per unit of each of TOF and BDIV, each determined as at the close of business on 28 January 2019. The table below provides the NAV per unit for each of the Funds and the applicable exchange ratio at such time.
Unitholders of TOF are not required to take any action in order to be recognised as unitholders of BDIV.  Units of BDIV issued to former unitholders of TOF pursuant to the Merger will continue to trade on the Toronto Stock Exchange under the symbol BDIV.

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