Key stats
About DESJARDINS CDN PFD SH INDEX ETF CAD UNHEDGED UNITS
Home page
Inception date
Apr 3, 2017
Replication method
Synthetic
Distributes
Capital Gains
Tax on distributions
Ordinary income
The fund provides exposure to an index of rate-reset preferred shares issued in Canada. Eligible securities must be denominated in CAD, have an effective time to maturity of 6 years, and have an adjustable dividend rate. Constituents are market-cap weighted with individual capping at 10%. The fund is designed for investors who are seeking steady and attractive income from a diversified portfolio delivering efficient exposure to the potential of rate-reset preferred shares in Canada. The index is rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Finance
Industrial Services
Utilities
Stocks97.13%
Finance49.76%
Industrial Services23.11%
Utilities15.22%
Communications5.71%
Energy Minerals1.98%
Miscellaneous1.34%
Bonds, Cash & Other2.87%
Cash1.92%
Miscellaneous0.95%
Displays a symbol's price movements over previous years to identify recurring trends.