Split Share Funds Explained | Industry Expert Answers Your Biggest Questions

Split share funds can be confusing, but they're also one of the most unique income investments available to Canadian investors. In this exclusive interview, I sit down with Michelle Tiraborelli, Senior Vice President and Head of Split Share Funds at ‪@bromptonfundscanada‬, to answer many of the most common questions investors have about split share funds. Topics we cover include: • How split share funds work • Preferred Shares vs Class A Shares • Structural leverage explained • Covered call strategies • Distribution sustainability • What happens when NAV falls below $15 • Fund expiry dates • ETFs like CLSA/SPLT • Common misconceptions • How fund splits are determined • Portfolio management decisions • And much more. Whether you're completely new to split share funds or already own them, this interview serves as a comprehensive guide to understanding how these funds operate and the risks and opportunities investors should know about. If you found this video helpful, please consider subscribing and leave your questions in the comments below. I read every comment and always appreciate hearing from you. Check out this other video on split share funds:    • Split Share Funds: The BEST Income Investm...   Chapters: 00:17 Intro + history 02:54 Overview on splits 12:15 Maturity date 17:05 Structural leverage 23:13 Cover call strategy 25:45 Note on leverage 28:39 Unit NAV rule on distributions 31:24 CLSA/SPLT ETF benefits 35:01 Common misconception on splits 37:01 How do share splits work and why is it done? 41:41 Can you add holdings to split funds 43:28 News from Brompton 45:13 Where to ask more questions 📊 Want to see my portfolio in real time? Follow me on Blossom (@leonli8) to track my holdings, income, and updates as they happen. 🔗 Affiliate Links (The links below are affiliate links. If you choose to use them, it helps support the channel at no extra cost to you — I truly appreciate the support!) Wealthsimple ($25 signup bonus): https://wealthsimple.com/invite/5YTX8G Questrade ($50 signup bonus): https://questmobile.onelink.me/tX0y/4... Webull (Fund and get up to $250): https://www.webull.ca/k/LeonsMoneyFlow Blossom, the investing social network - follow my portfolio live! https://link.blossomsocial.com/7uYa/0.... Or use code 603132 when you sign up! ⚠️ Disclaimer: The ideas shared in this video are for informational and entertainment purposes only. Leon Li is not a financial advisor, and nothing in this video should be taken as financial advice. If you are looking for personalized investment guidance, please consult with a registered financial professional. Leon is not responsible for any investment actions taken by viewers.