SPLT.TO Review: Brompton Split Corp. Preferred Share ETF - Canada
Brompton Split Corp. Preferred Share ETF - Canada (SPLT.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 SPLT.TO: cost, company backing, track record, and size. These factors reflect the fund's stability and cost-efficiency.
Expense Ratio (25%)
MER is 0.60% per the ETF Facts (CAD Units) dated March 27 2025 - as at December 31 2024. Management fee is 0.50% plus operating expenses.
Fund Company Size (5%)
Brompton Funds portfolio managers oversee assets of over $3 billion per fund website biographies. Brompton has been managing funds for over 25 years with 20+ products listed in 2026 investor letter.
Fund History (40%)
Fund inception June 12 2023 per ETF Facts. Approximately 2.75 years old as of review date - rounds up to 3 years per scoring rubric.
Fund AUM (30%)
Total Net Asset Value of $613 million as at February 28 2026 per fund website portfolio summary. 56618500 units outstanding as at March 13 2026 at $10.86 NAV.
Risk 35% of overall score
Risk factors evaluate how SPLT.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 0.1165 vs SPY from June 2023 to March 2026 per calculation result. Beta is below 0.6 so standalone volatility is primary driver. Calculation result shows very low market sensitivity consistent with preferred share ETF behavior.
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 SPLT.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 SPLT.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. Distribution history on fund website shows consistent monthly payments from June 2023 through March 2026.
See our full Return analysis for SPLT.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 SPLT.TO
What is SPLT.TO's expense ratio?
MER is 0.60% per the ETF Facts (CAD Units) dated March 27 2025 - as at December 31 2024. Management fee is 0.50% plus operating expenses.
How long has SPLT.TO been trading?
Fund inception June 12 2023 per ETF Facts. Approximately 2.75 years old as of review date - rounds up to 3 years per scoring rubric.
How large is SPLT.TO by assets under management?
Total Net Asset Value of $613 million as at February 28 2026 per fund website portfolio summary. 56618500 units outstanding as at March 13 2026 at $10.86 NAV.
Who manages SPLT.TO?
Brompton Funds portfolio managers oversee assets of over $3 billion per fund website biographies. Brompton has been managing funds for over 25 years with 20+ products listed in 2026 investor letter.
Where can I see the full SPLT.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 SPLT.TO pay monthly dividends?
Monthly distributions confirmed. Distribution history on fund website shows consistent monthly payments from June 2023 through March 2026. Full distribution history and yield stability score are available in the Dependable Income Investing app.
Is SPLT.TO a high-volatility fund?
Beta 0.1165 vs SPY from June 2023 to March 2026 per calculation result. Beta is below 0.6 so standalone volatility is primary driver. Calculation result shows very low market sensitivity consistent with preferred share ETF behavior. See the full volatility score and risk analysis in the Dependable Income Investing app.
How often does SPLT.TO pay distributions?
Monthly distributions confirmed. Distribution history on fund website shows consistent monthly payments from June 2023 through March 2026. Distribution consistency and yield stability ratings are available in the app.
See the Full SPLT.TO Review
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors, analyst notes, Dependability Score, and tools to compare SPLT.TO against other income funds side by side.
View Plans →Also available: free fund comparison tools in the app.