Series

Ticker

 

DIVS

Nav

(as at Dec. 11, 2018)

$17.71

Nav Change

(as at Dec. 11, 2018)

-0.01%

Market Price

 

N/A

Style

 

Active

Number Of Holdings

(as at Dec. 11, 2018)

70

AUM

(as at Dec. 11, 2018)

$200.958 M

Indicative Yield

as at 30/11/2018

5.20%

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

Asset Class

Preferred Shares

Management Fee

0.65% (plus applicable 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

 

Indicative 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

Foyston, Gordon & Payne Inc. (“FGP”) is a value-style investment management firm founded in 1980 to provide portfolio management services to organizations and high net worth individuals. FGP manages approximately $13 billion in Canadian equities, foreign equities, and Canadian bonds. FGP believes that high quality, sustainable earnings should contribute to producing excellent longer-term value-added results. The firm’s portfolio managers and analysts use a strict discipline to ensure they do not overpay for earnings. Quality and value are the primary determinants of the excellent long-term results provided to FGP’s clients.

Advisor Logo

Portfolio

Geographic Allocation

As at Dec 11, 2018

Name

Weight

Sector Allocation

As at Dec 11, 2018

Name

Weight


Top 10 Holdings

As at Dec 11, 2018

Download XLS

Performance

Performance

Total Returns*1 MTH3 MTH6 MTHYTD1 YRSI**
DIVS-8.06%-11.02%-9.00%
-6.90%-6.80%-3.43%

Source: Bloomberg. As at November 30, 2018
** Performance since inception on September 29, 2017

* For the period ending November 30, 2018. 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.

Indicative 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

INDICATED YIELD1:

5.20%

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

December 28, 2018

RECORD DATE:

December 31, 2018

PAYMENT DATE:

January 8, 2019

Ex-dividend Date: Record Date: Payment Date: Payment Amount: Distribution Frequency:
November 22, 2018 November 23, 2018 November 30, 2018 $0.0700 Monthly
October 23, 2018 October 24, 2018 October 31, 2018 $0.0700 Monthly
September 20, 2018 September 21, 2018 September 30, 2018 $0.0700 Monthly
August 23, 2018 August 24, 2018 August 31, 2018 $0.0700 Monthly
July 23, 2018 July 24, 2018 July 31, 2018 $0.0700 Monthly
June 21, 2018 June 22, 2018 June 29, 2018 $0.0700 Monthly
May 23, 2018 May 24, 2018 May 31, 2018 $0.0700 Monthly
April 20, 2018 April 23, 2018 April 30, 2018 $0.0700 Monthly
March 21, 2018 March 22, 2018 March 29, 2018 $0.0700 Monthly
February 20, 2018 February 21, 2018 February 28, 2018 $0.0700 Monthly
January 23, 2018 January 24, 2018 January 31, 2018 $0.0700 Monthly

Ex-dividend Date: Record Date: Payment Date: Payment Amount: Distribution Frequency:
October 23, 2017 October 25, 2017 October 31, 2017 $0.0700 Monthly
November 23, 2017 November 24, 2017 November 30, 2017 $0.0700 Monthly
December 21, 2017 December 22, 2017 December 29, 2017 $0.0700 Monthly

1Gross of MER as at November 30, 2018

Documents