Brompton Oil Split Corp.
$150,000.00
6,000,000.00 Common Shares at $15.00
Initial Public Offering - Closed - Tuesday, February 24, 2015
Company Description
Brompton Oil Split Corp. is a mutual fund corporation created to invest in a portfolio of equity securities of at least 15 large capitalization North American oil and gas issuers selected from the S&P 500 Index and the S&P/TSX Composite Index. The portfolio will be focused primarily on oil and gas issuers that have significant exposure to oil. Brompton Funds Limited will act as the manager and the portfolio manager of the Company. The Manager is a member of the Brompton Group, a provider of investment management and portfolio advisory services to TSX-listed investment funds since 2002 with total assets under management of approximately $2.2 billion as of November 30, 2014.
| Address: |
181 Bay Street, Suite 2930, P.O. Box 793 Toronto, Ontario, M5J 2T3 Canada |
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| Phone Number: | (416) 642-6000 |
| Fax Number: | |
| Website: |
| Industry: | Financial & Investment Services |
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| Closing Date: | Tuesday, February 24, 2015 |
| 1st Day of Trading: | Tuesday, February 24, 2015 |
| Primary Symbol: | OSP |
| Exchange: | Toronto |
Proceeds
The net proceeds of the offering will be used to purchase the securities for the portfolio.
| Gross Proceeds: | $150,000.00 |
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| Underwrting Fees: | $5,400,000.00 |
| Expense Offering: | $725,000.00 |
| Net Proceeds: | $ -5,975,000.00 |
| Lead Underwriter: | Scotia Capital Inc. |
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| Other Underwriter(s): |
RBC Dominion Securities Inc. CIBC World Markets Inc. BMO Nesbitt Burns Inc. TD Securities Inc. National Bank Financial Inc. Desjardins Securities Inc. GMP Securities Ltd. Dundee Securities Corporation Raymond James Ltd. Industrial Alliance Securities Inc. Mackie Research Capital Corporation |
Performance
| 1 day | 1 week | 1 month | 6 months | Inception | |
|---|---|---|---|---|---|
| Recent Performance | 0.00 % | 0.00 % | 8.27 % | -25.68 % | -79.93 % |
| Post IPO Performance | -1.33 % | -1.33 % | -44.80 % |
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