CLSA.TO Review: Brompton Split Corp. Enhanced Equity Income ETF - Canada
Brompton Split Corp. Enhanced Equity Income ETF - Canada (CLSA.TO) is a diversified fund listed on the TSX. Below is our independent review using the Dependable Income Investing 13-factor scoring system, covering Fund Attributes, Risk, and Return — designed specifically for income-focused investors.
Fund Attributes 20% of overall score
Fund Attributes cover the foundational characteristics of CLSA.TO: cost, company backing, track record, and size. These factors reflect the fund's stability and cost-efficiency.
Expense Ratio (25%)
The MER was 10.71% in 2025; of this 0.80% was attributable to the ETF's direct operating expenses. The remaining portion of the MER reflects the ETF's proportionate share of the expenses of the underlying fund's class A shares. These indirect expenses include distributions paid to preferred shareholders of the underlying investment holdings; this enables the class A shares held by the ETF to benefit from leveraged performance.
Fund Company Size (5%)
Brompton Funds Limited manages approximately $3 billion in assets across its fund lineup per public company profile - consistent figure across Brompton's own fund bios. About Us page cites over $4.4 billion in cumulative distributions paid since inception (2000) but does not state a current total AUM figure directly.
Fund History (40%)
Fund inception date is March 20 2025 per ETF Facts and product page. As of review date 2026-08-15 the fund is approximately 1.4 years old.
Fund AUM (30%)
Total assets are $96M as of Aug 14 2026 per product page (Total NAV $90837000 as at Jul 31 2026 per Summary of Investment Portfolio).
Risk 35% of overall score
Risk factors evaluate how CLSA.TO manages volatility, diversification, and the nature of its underlying assets. These are critical for income investors who prioritise capital preservation.
Volatility
Lower volatility may indicate more stability — important for investors living off their income.
Beta vs SPY is 0.50 over the fund's available history (2025-03-28 to 2026-08-15) per calculation result - moderate-low market sensitivity. Standalone volatility (annualized sigma of weekly total returns) is 16.24% - low-to-moderate choppiness. Since |beta| >= 0.4 the beta score is primary; beta score (5) and standalone volatility score (4) differ by only 1 point so no averaging is applied - final rating uses the beta score of 5.
Sector Diversification
Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.
See our full Risk analysis for CLSA.TO — including analyst notes on volatility, diversification, and underlying assets.
View Plans →Return 45% of overall score
Return factors assess the income generation quality of CLSA.TO: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Yield
The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
How often the fund pays distributions — monthly payments are generally preferred by income investors.
Monthly distributions confirmed via the distributions history table on the product page - one payment per month with no gaps since inception (Oct 2025 through Sep 2026 declared).
See our full Return analysis for CLSA.TO — yield rating, distribution consistency score, 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 is designed to answer the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions About CLSA.TO
What is CLSA.TO's expense ratio?
The MER was 10.71% in 2025; of this 0.80% was attributable to the ETF's direct operating expenses. The remaining portion of the MER reflects the ETF's proportionate share of the expenses of the underlying fund's class A shares. These indirect expenses include distributions paid to preferred shareholders of the underlying investment holdings; this enables the class A shares held by the ETF to benefit from leveraged performance.
How long has CLSA.TO been trading?
Fund inception date is March 20 2025 per ETF Facts and product page. As of review date 2026-08-15 the fund is approximately 1.4 years old.
How large is CLSA.TO by assets under management?
Total assets are $96M as of Aug 14 2026 per product page (Total NAV $90837000 as at Jul 31 2026 per Summary of Investment Portfolio).
Who manages CLSA.TO?
Brompton Funds Limited manages approximately $3 billion in assets across its fund lineup per public company profile - consistent figure across Brompton's own fund bios. About Us page cites over $4.4 billion in cumulative distributions paid since inception (2000) but does not state a current total AUM figure directly.
Where can I see the full CLSA.TO review?
The complete 13-factor review — including all Risk and Return scores, analyst notes, and your Dependability Score — is available in the Dependable Income Investing app.
Does CLSA.TO pay monthly dividends?
Monthly distributions confirmed via the distributions history table on the product page - one payment per month with no gaps since inception (Oct 2025 through Sep 2026 declared). Full distribution history and yield stability score are available in the Dependable Income Investing app.
Is CLSA.TO a high-volatility fund?
Beta vs SPY is 0.50 over the fund's available history (2025-03-28 to 2026-08-15) per calculation result - moderate-low market sensitivity. Standalone volatility (annualized sigma of weekly total returns) is 16.24% - low-to-moderate choppiness. Since |beta| >= 0.4 the beta score is primary; beta score (5) and standalone volatility score (4) differ by only 1 point so no averaging is applied - final rating uses the beta score of 5. See the full volatility score and risk analysis in the Dependable Income Investing app.
How often does CLSA.TO pay distributions?
Monthly distributions confirmed via the distributions history table on the product page - one payment per month with no gaps since inception (Oct 2025 through Sep 2026 declared). Distribution consistency and yield stability ratings are available in the app.
See the Full CLSA.TO Review
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors, analyst notes, Dependability Score, and tools to compare CLSA.TO against other income funds side by side.
View Plans →Also available: free fund comparison tools in the app.