BMAX.TO vs CNCL.TO: Income Fund Comparison
Brompton Enhanced Multi-Asset Income ETF - Canada (BMAX.TO) and Global X Enhanced S&P/TSX 60 Covered Call ETF - Canada (CNCL.TO) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: BMAX.TO individual review · CNCL.TO individual review
| BMAX.TO | CNCL.TO | |
|---|---|---|
| Fund Name | Brompton Enhanced Multi-Asset Income ETF - Canada | Global X Enhanced S&P/TSX 60 Covered Call ETF - Canada |
| Fund Type | Diversified Fund | Index Based Fund |
| Exchange | TSX | TSX |
| Last Reviewed | directly or indirectly | 2025-06-02 |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: BMAX.TO vs CNCL.TO 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
Subject to fees of the underlying ETFs held in the BMAX portfolio. MER is 2.62% as per www.bromptongroup.com/wp-content/uploads/2025/03/BMAX-CAD.pdf
MER is 2.19% which is a lot higher than CNCC because of the leverage costs.
Brompton manages 41 TSX listed closed-end and exchange-traded funds with assets under management of over $3 billion.
Mirae Global X has more than 40 Billion under management.
October 20th 2022 was inception date.
Fund inception date was July 5 2023.
"The aggregate Net Asset Value of the Fund was $153 million at Dec 9
16 Million net assets invested in this fund.
Risk: BMAX.TO vs CNCL.TO 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
See the full Risk analysis for both BMAX.TO and CNCL.TO — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: BMAX.TO vs CNCL.TO 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
See the full Return analysis for both BMAX.TO and CNCL.TO — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both BMAX.TO and CNCL.TO are available in the Dependable Income Investing app.
Frequently Asked Questions: BMAX.TO vs CNCL.TO
Which has a lower expense ratio, BMAX.TO or CNCL.TO?
BMAX.TO: Subject to fees of the underlying ETFs held in the BMAX portfolio. MER is 2.62% as per www.bromptongroup.com/wp-content/uploads/2025/03/BMAX-CAD.pdf
CNCL.TO: MER is 2.19% which is a lot higher than CNCC because of the leverage costs.
Which fund has more assets under management, BMAX.TO or CNCL.TO?
BMAX.TO: "The aggregate Net Asset Value of the Fund was $153 million at Dec 9
CNCL.TO: 16 Million net assets invested in this fund.
Which fund has been trading longer, BMAX.TO or CNCL.TO?
BMAX.TO: October 20th 2022 was inception date.
CNCL.TO: Fund inception date was July 5 2023.
Who manages BMAX.TO vs CNCL.TO?
BMAX.TO: Brompton manages 41 TSX listed closed-end and exchange-traded funds with assets under management of over $3 billion.
CNCL.TO: Mirae Global X has more than 40 Billion under management.
Where can I see the full BMAX.TO vs CNCL.TO comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
See the Full BMAX.TO vs CNCL.TO Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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