TORONTO--(BUSINESS WIRE)--Starlight Investments Capital LP (“Starlight Capital”), a proudly independent Canadian asset management firm, is pleased to announce the launch of the new Starlight Dividend Growth Class ETF. Now trading on Cboe Canada under the symbol SCDG, the new ETF offers exposure to a concentrated portfolio of high-quality North American companies with 10%+ target annual dividend growth.
“Starlight Capital is excited to launch our new Starlight Dividend Growth Class ETF on Cboe Canada, offering Canadian investors access to a concentrated portfolio of high-quality North American companies with 10%+ target annual dividend growth,” said Dennis Mitchell, CEO & CIO, Starlight Capital.
“Investors will also benefit from exposure to US sectors like tech and healthcare, further enhancing diversification. This is a compelling addition to any Canadian portfolio seeking diversification, tax-efficient monthly income, and superior risk-adjusted long-term total returns,” added Sean Tascatan, Senior Portfolio Manager, Starlight Capital.
Sean Tascatan, Senior Portfolio Manager, Starlight Capital, has over 10 years of experience in the investment industry. Prior to joining Starlight Capital, Mr. Tascatan was most recently lead portfolio manager on a U.S. Dividend Growth Fund at an independent Canadian asset management firm. Prior to that, he worked at Sentry Investments where he was a key member of the award-winning Equity Income team that garnered multiple Lipper Fund and Morningstar Investment Awards. There, he was the co-manager of a $3B U.S. Growth and Income Fund and a $500MM Diversified Equity Fund.
Investors can learn about how Sean creates a concentrated portfolio of high-quality companies with the ability to consistently grow their dividends by 10%+ annually through our article dividend growth investing with Starlight Capital.
SCDG joins two other Starlight Capital ETFs already listed on Cboe Canada.
Distributions
Unitholders of record will receive cash “per-unit” distributions as per the below schedule:
ETF Distribution Rates |
|
||
Starlight Dividend Growth Class (SCDG) |
Ex Date |
Record Date |
Pay Date |
$0.0333 |
29-Oct-24 |
29-Oct-24 |
4-Nov-24 |
$0.0333 |
27-Nov-24 |
27-Nov-24 |
3-Dec-24 |
$0.0333 |
27-Dec-24 |
27-Dec-24 |
3-Jan-25 |
About Starlight Dividend Growth Class
The Starlight Dividend Growth Class’s investment objective is to achieve above average long-term capital growth that is consistent with a conservative investment philosophy encompassing a diversified portfolio approach. The Fund invests primarily in equity securities of Canadian companies that demonstrate financial strength and good growth potential.
About Starlight Capital and Starlight Investments
Starlight Capital is an independent Canadian asset management firm with over $1 billion in assets under management. We manage Global and North American diversified private and public equity investments across traditional and alternative asset classes, including real estate, infrastructure and private equity. Our goal is to deliver superior risk-adjusted, total returns to investors through a disciplined investment approach: Focused Business Investing. Starlight Capital is a wholly-owned subsidiary of Starlight Investments. Starlight Investments is a leading global real estate investment and asset management firm with $25B in AUM. A privately held owner, developer and asset manager of over 77,000 multi-residential suites and over 9 million square feet of commercial property space. Learn more at www.starlightcapital.com and connect with us on LinkedIn at https://www.linkedin.com/company/starlightcapital/
