ETF Series

Mutual Fund Series

Ticker

 

DIVS

Nav

(as at October 23 , 2020)

$14.68

Nav Change

(as at October 23 , 2020)

-0.19%

Market Price

 

N/A

Style

 

Active

Number Of Holdings

(as at October 23 , 2020)

59

AUM

(as at October 23 , 2020)

$137.828 M

Target Yield*

 

6.69%

Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

DIVS seeks to provide holders of Units with stable income and long-term capital appreciation by investing primarily in a diversified mix of preferred shares of primarily Canadian issuers, in addition to U.S. and international issuers.

Fund Details

CUSIP

30052A101

TICKER

DIVS

INDICATIVE YIELD

4.5% (Gross of MER as at February 28, 2018)

Listing Exchange

Toronto Stock Exchange (TSX)

Listing Date

September 29, 2017

Currency

CAD

Registered Investment Eligibility

Yes

Style

Active

Asset Class

Preferred Shares

Management Expense Ratio (MER)

0.80%

Management Fee

0.65%

Distribution Frequency

Monthly

CUSIP

30052A101

TICKER

DIVS

Listing Exchange

Toronto Stock Exchange (TSX)

Listing Date

September 29, 2017

Currency

CAD

Registered Investment Eligibility

Yes

Style

Active

Sub-Advisor

Addenda Capital

Asset Class

Preferred Shares

Management Fee

0.65% (plus applicable sales taxes)

Distribution Frequency

Monthly

FundSERV Code

EVF101

Inception Date

April 23, 2019

Asset Class

Preferred Shares

Registered Investment Eligibility

Yes

Currency

CAD

Style

Active

Sub-Advisor

Addenda Capital

Class A Trailer

0.75% (plus applicable sales taxes)

Management Fee

0.65% (plus applicable sales taxes)

Distribution Frequency

Monthly

FundSERV Code

EVF100

Inception Date

April 23, 2019

Asset Class

Preferred Shares

Registered Investment Eligibility

Yes

Currency

CAD

Style

Active

Sub-Advisor

Addenda Capital

Management Fee

0.65% (plus appplicable sales taxes)

Distribution Frequency

Monthly

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Who Should Consider
This ETF?

Investors who are seeking:

  • Yield
  • Portfolio diversification
  • Capital appreciation
  • Lower correlation to equities
 

* Estimate only. Actual yield changes daily based on market conditions. Target yield is gross of MER

Commissions, management fees and expenses all may be associated with exchange traded mutual funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Investors may incur customary brokerage commissions in buying or selling ETF units.

Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.


Sub-Advisor

Addenda Capital ("Addenda") is one of Canada’s largest multi-asset investment firms, with over $31.7 billion in assets under management*, including $20.8 billion in fixed income and $1.1 billion in preferred shares. Addenda’s client base is primarily made up of pension, private wealth, insurance, corporations and foundations. Addenda is owned by The Co-operators Insurance Company, one of Canada’s largest insurance companies with over 5,000 employees and founded in 1945. Source: Addenda Capital, as at December 31, 2019. *Includes $870 million in Advisory assets and $435 million in Overlay assets.
Advisor Logo

Portfolio

Geographic Allocation

As at Oct 22, 2020

Name

Weight

Sector Allocation

As at Oct 22, 2020

Name

Weight


Holdings

As at Oct 22, 2020

Download XLS

Performance

As at October. 23 , 2020

Ticker

Nav

1D

1M

3M

6M

YTD

1Y

2Y

3Y

SI**

DIVS
0.13%
1.72%
5.95%
21.27%
-8.77%
-4.18%
-11.24%
-6.29%
-5.27%

** Performance since inception on September 29, 2017

The indicated rates of return are the historical annual compounded total returns including changes in per unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The rates of return shown in the table are not intended to reflect future values of the ETF or returns on investment in the ETF. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

* Estimate only. Actual yield changes daily based on market conditions. Target yield is gross of MER

Commissions, management fees and expenses all may be associated with exchange traded mutual funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Investors may incur customary brokerage commissions in buying or selling ETF units.

Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

Distributions

Distributions

LAST DISTRIBUTION PER UNIT:

$0.0700

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

September 29, 2020

RECORD DATE:

September 30, 2020

PAYMENT DATE:

October 7, 2020

Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
January 30, 2020January 31, 2020February 7, 2020$0.0700Monthly
February 27, 2020February 28, 2020March 6, 2020$0.0700Monthly
March 31, 2020March 31, 2020April 7, 2020$0.0700Monthly
April 29, 2020April 30, 2020May 7, 2020$0.0700Monthly
May 28, 2020May 29, 2020June 5, 2020$0.0700Monthly
June 29, 2020June 30, 2020July 8, 2020$0.0700Monthly
July 30, 2020July 31, 2020August 10, 2020$0.0700Monthly
August 28, 2020August 31, 2020September 8, 2020$0.0700Monthly
September 29, 2020September 30, 2020October 7, 2020$0.0700Monthly
Ex-dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
July 30, 2019July 31, 2019August 7, 2019$0.0700Monthly
June 27, 2019June 28, 2019July 8, 2019$0.0700Monthly
May 30, 2019May 31, 2019June 7, 2019$0.0700Monthly
January 30, 2019January 31, 2019February 7, 2019$0.0700Monthly
February 27, 2019February 28, 2019March 7, 2019$0.0700Monthly
March 28, 2019March 29, 2019April 5, 2019$0.0700Monthly
April 29, 2019April 30, 2019May 7, 2019$0.0700Monthly
August 29, 2019August 30, 2019September 9, 2019$0.0700Monthly
September 27, 2019September 30, 2019October 7, 2019$0.0700Monthly
October 30, 2019October 31, 2019November 7, 2019$0.0700Monthly
November 28, 2019November 29, 2019December 6, 2019$0.0700Monthly
December 30, 2019December 31, 2019January 8, 2020$0.0700Monthly
Ex-dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
December 28, 2018December 31, 2018January 8, 2019$0.0700Monthly
November 22, 2018November 23, 2018November 30, 2018$0.0700Monthly
October 23, 2018October 24, 2018October 31, 2018$0.0700Monthly
September 20, 2018September 21, 2018September 30, 2018$0.0700Monthly
August 23, 2018August 24, 2018August 31, 2018$0.0700Monthly
July 23, 2018July 24, 2018July 31, 2018$0.0700Monthly
June 21, 2018June 22, 2018June 29, 2018$0.0700Monthly
May 23, 2018May 24, 2018May 31, 2018$0.0700Monthly
April 20, 2018April 23, 2018April 30, 2018$0.0700Monthly
March 21, 2018March 22, 2018March 29, 2018$0.0700Monthly
February 20, 2018February 21, 2018February 28, 2018$0.0700Monthly
January 23, 2018January 24, 2018January 31, 2018$0.0700Monthly
Ex-dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
October 23, 2017October 25, 2017October 31, 2017$0.0700Monthly
November 23, 2017November 24, 2017November 30, 2017$0.0700Monthly
December 21, 2017December 22, 2017December 29, 2017$0.0700Monthly

Documents