Purpose Canadian Preferred Share Fund - ETF Units
Compare to:
Inception Return
(03-15-2017)
2.41%
Assets ($mil)
-
NAVPS
(03-26-2024)
$20.98
$0.04
(0.17%)
MER
0.92%
YTD Return
6.98%
1 Yr Return
9.04%
52 Week Low
$16.90
52 Week High
$21.14
Annual Dividend
$1.14
Annual Yield
-
Index
-
Shares Outstanding
-
Registered Plan Eligible
Yes
CIFSC Category
Preferred Sh Fixed Income
Share Class
Do-It-Yourself
FUNDGRADE
Classification
Exchange Traded Fund
Legal Status
Trust
Sales Status
Open
Currency
CAD
Start Date
March 15, 2017
Distribution Frequency
Monthly
The fund seeks to provide a consistent stream of income with potential for capital appreciation by investing in Canadian income producing securities and Canadian equities.
The fund will invest in Canadian preferred securities, with a focus on preferred securities; dividend paying Canadian equities; income and royalty trusts; ETFs; and fixed-income investments, with a view to consistent interest or distribution payments. Investments in floating rate preferred securities will be of Canadian issuers whose debt, at a minimum, has an investment grade rating at the time of purchase.
Inception Return
(03-15-2017)
2.41%
YTD Return
6.98%
FUNDGRADE
NAVPS (03-26-2024)
Best Month
10.99%
Worst Month
-22.09%