Bristol Gate Capital Partners Inc. has launched two concentrated equity ETFs, the Toronto-based investment manager has announced.
Bristol Gate Concentrated Canadian Equity ETF seeks to generate long-term growth of income and capital by investing primarily in a concentrated portfolio of publicly traded equity securities of Canadian companies that pay a dividend. It invests in dividend-paying equity securities selected primarily from the S&P/TSX composite index.
Bristol Gate Concentrated US Equity ETF invests in dividend-paying equity securities selected primarily from the S&P 500 index.
In order to achieve each fund’s investment objectives, Bristol Gate employs a proprietary methodology that forecasts dividend growth for the coming 12 months and uses fundamental analysis to construct a portfolio from the best dividend growers for the coming year.
Canadian dollar-denominated units of the Canadian (BCG) and U.S. (BGU) ETFs, and U.S.-dollar denominated units of the U.S. ETF (BGU.U) began trading Wednesday on the Toronto Stock Exchange.
Management fees are 0.7% for both funds.