Key stats
About CI PREFERRED SHARE ETF COM UNIT
Expense ratio
0.84%
Home page
Inception date
May 11, 2016
The fund actively and primarily invests in a portfolio of investment-grade preferred shares from developed markets, specifically US and Canada. In seeking growth and capital appreciation, the portfolio will consist of at least 50% preferred shares at all times. The fund may also hold other debt instruments such as investment-yield corporate bonds and convertibles provided that it will not exceed 50% and 20% of the portfolio, respectively. Allocation and maturity is at the discretion of the manager specially during sluggish market periods. The fund is designed for investors with a low to medium risk appetite who are seeking steady cash flow from a diversified portfolio delivering efficient exposure to the potential of preferred shares in the developed markets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Miscellaneous
Stocks49.98%
Finance23.22%
Industrial Services9.58%
Utilities8.82%
Communications4.26%
Energy Minerals2.68%
Retail Trade1.42%
Bonds, Cash & Other50.02%
Miscellaneous46.47%
Cash1.80%
Corporate1.24%
ETF0.51%
Top 10 holdings
Dividends
Dividend payout history