Core Viewpoint - Brompton Funds Limited has successfully completed the merger of Symphony Floating Rate Senior Loan Fund (SSF) into Brompton Wellington Square Investment Grade CLO ETF (BBBB) effective January 13, 2026, following approval from SSF unitholders on November 17, 2025 [1]. Group 1: Merger Details - The merger was executed using exchange ratios based on the relative net asset value (NAV) per unit of SSF and BBBB as of January 12, 2026 [2]. - The NAV per Class A unit of SSF was $6.51718 CAD, and the NAV per Class U unit was $6.41486 USD, while the NAV per CAD unit of BBBB was $19.75225 and $19.86331 for the USD unit [3]. - The exchange ratios were determined to be 0.329946 for Class A and 0.322950 for Class U units [3]. Group 2: Post-Merger Information - Unitholders of SSF do not need to take any action to be recognized as unitholders of BBBB, which will continue to trade on the Toronto Stock Exchange under the symbols "BBBB" and "BBBB.U" [3]. Group 3: Company Background - Brompton Funds, established in 2000, is an experienced investment fund manager offering income and growth-focused investment solutions, including ETFs and other TSX-traded investment funds [4].

Core Viewpoint - Brompton Funds Limited announced the approval of a merger between Symphony Floating Rate Senior Loan Fund and Brompton Wellington Square Investment Grade CLO ETF, with 98.9% of unitholders voting in favor of the resolution [1]. Group 1: Merger Details - The Fund will merge into the ETF, which is listed on the Toronto Stock Exchange under tickers BBBB and BBBB.U, with the ETF being the continuing fund [1][2]. - The merger is scheduled to occur on or about January 13, 2026, pending regulatory approval [1]. - Unitholders will receive CAD and USD units of the ETF based on the net asset value of the respective classes [2]. Group 2: Investment Objectives and Strategies - The ETF aims to provide high monthly income and capital preservation through investments in primarily investment grade rated collateralized loan obligations (CLOs) rated BBB- or higher [3]. - The ETF will hedge most of its direct foreign currency exposure back to the Canadian dollar for CAD Units, while USD Units will not have this hedge [3]. Group 3: Benefits of the Merger - The merger is expected to offer several benefits to unitholders, including trading closer to net asset value, higher credit quality, lower management expense ratio, elimination of borrowing, continued focus on high distributions, reduced bid/ask spread, and increased trading liquidity [4][9]. Group 4: Redemption Options - An accelerated annual redemption option will be available to unitholders on December 30, 2025, with proceeds paid by January 9, 2026 [6]. - Unitholders must submit their redemption requests by 5:00 p.m. Toronto time on December 1, 2025 [6]. Group 5: Company Background - Brompton Funds, established in 2000, is an experienced investment fund manager focusing on income and growth-oriented investment solutions, including ETFs and other TSX-traded investment funds [7].

Core Points - Brompton Funds Limited announced the termination of the distribution reinvestment plan (DRIP) for the Symphony Floating Rate Senior Loan Fund, effective October 23, 2025, meaning DRIP will not be available for record dates after this date [1] Company Overview - Brompton Funds, founded in 2000, is an experienced investment fund manager offering income and growth-focused investment solutions, including exchange-traded funds (ETFs) and other Toronto Stock Exchange (TSX) traded investment funds [2] Investment Considerations - Investors may incur brokerage fees when purchasing or selling units of the investment fund on the TSX or other Canadian trading systems, potentially paying more than the current net asset value when buying and receiving less when selling [3] - There are ongoing fees and expenses associated with owning units of an investment fund, and the fund must prepare disclosure documents containing key information [4]

Core Viewpoint - Brompton Funds Limited has proposed a merger of the Symphony Floating Rate Senior Loan Fund into the Brompton Wellington Square Investment Grade CLO ETF, with the ETF being the continuing fund, and a special meeting will be held for unitholders to vote on this proposal [1][8]. Fund Merger Details - The merger will involve exchanging class A and class U units of the Fund for CAD and USD units of the ETF, respectively, based on their net asset values [2]. - The ETF aims to provide high monthly income and capital preservation through investments in primarily investment grade rated collateralized loan obligations (CLOs) [3]. Investment Quality and Management - The average credit rating of the Fund's current portfolio is B+, while at least 75% of the Continuing Fund's portfolio will be in Investment Grade CLOs, which are less likely to default [5]. - The management fee for the Continuing Fund will be reduced from 1.25% to 0.60%, and the management expense ratio (MER) is expected to decrease from 2.29% to less than 0.75% per annum [5]. - The Continuing Fund will not engage in borrowing, which is expected to further reduce costs and volatility [5]. Distribution and Trading Benefits - The current distribution rate of the Fund is 7.26%, and the Continuing Fund will maintain a focus on high monthly income distributions [5]. - The merger is expected to reduce the bid/ask spread significantly, leading to lower effective costs for investors [5][12]. - Post-merger, the Continuing Fund is anticipated to trade closer to its NAV, improving trading liquidity and allowing for large volume transactions without significantly affecting market prices [12]. Meeting and Implementation - A special meeting for unitholders to vote on the merger will be held on November 17, 2025, with an accelerated annual redemption option expected on December 30, 2025, if approved [7][8].