Flaherty & Crumrine Investment Grade Fixed Income Fund is a closed ended fixed income mutual fund launched by Brompton Funds Limited. It is managed by Flaherty & Crumrine Incorporated. The fund invests in the fixed income markets of North America. It primarily invests in investment grade preferred securities and corporate debt. The fund benchmarks the performance of its portfolio against the Bank of America Merrill Lynch 8% Capped Composite US Capital Securities Index and Bank of America Merrill Lynch 8% Capped Hybrid Preferred Securities Index. Flaherty & Crumrine Investment Grade Fixed Income Fund was formed on November 25, 2004 and is domiciled in Canada.