ETF Series

Ticker

 

PREF

Nav

(as at Jul. 3, 2020)

$23.55

Nav Change

(as at Jul. 3, 2020)

-0.36%

Market Price

 

N/A

Style

 

Index-Based

Number Of Holdings

(as at Jul. 3, 2020)

50

AUM

(as at Jul. 3, 2020)

$33.473 M

Indicative Yield*

as at 30/06/2020

5.64%

Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

PREF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Dividend Stability Canada Preferred Share Index, or any successor thereto. PREF invests primarily in preferred equity securities of companies listed in Canada.


Fund Details

CUSIP

30053D104

TICKER

PREF

Listing Exchange

Toronto Stock Exchange (TSX)

Listing Date

September 26, 2019

Currency

CAD

Registered Investment Eligibility

Yes

Style

Index-Based

Index Provider

Solactive AG

Index Rebalancing Frequency

Annually

Asset Class

Preferred Shares

Management Fee

0.45% (plus applicable sales taxes)

Distribution Frequency

Monthly

?

Who Should Consider
This ETF?

Investors:

  • Seeking exposure to preferred shares
  • That are willing to take the risks associated with preferred shares
  • Seeking yield from preferred shares

* 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.

Portfolio

Geographic Allocation

As at Jul 02, 2020

Name

Weight

Sector Allocation

As at Jul 02, 2020

Name

Weight


Holdings

As at Jul 02, 2020

Download XLS

Performance

Returns not available as there is less than one year’s performance data.

* 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:

$0.0950

INDICATED YIELD*:

5.64%

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

June 29, 2020

RECORD DATE:

June 30, 2020

PAYMENT DATE:

July 8, 2020

Ex-Dividend Date: Record Date: Payment Date: Payment Amount: Distribution Frequency:
January 30, 2020 January 31, 2020 February 7, 2020 $0.0950 Monthly
February 27, 2020 February 28, 2020 March 6, 2020 $0.0950 Monthly
March 31, 2020 March 31, 2020 April 7, 2020 $0.0950 Monthly
April 29, 2020 April 30, 2020 May 7, 2020 $0.0950 Monthly
May 28, 2020 May 29, 2020 June 5, 2020 $0.0950 Monthly
June 29, 2020 June 30, 2020 July 8, 2020 $0.0950 Monthly

Ex-Dividend Date: Record Date: Payment Date: Payment Amount: Distribution Frequency:
October 30, 2019 October 31, 2019 November 7, 2019 $0.0950 Monthly
November 28, 2019 November 29, 2019 December 6, 2019 $0.0950 Monthly
December 30, 2019 December 31, 2019 January 8, 2020 $0.0950 Monthly

*Gross of MER as at June 30, 2020

Documents