Key stats
About Quadravest Preferred Split Share ETF Trust Units
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Inception date
Jun 27, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Quadravest Capital Management, Inc.
ISIN
CA74739R1038
The fund aims to provide monthly distributions and capital preservation by primarily investing in preferred shares issued by split share corporations listed on a Canadian exchange. The funds strategy takes advantage of split share corporations that typically convert the risk/returns of conventional dividend-paying shares into multiple classes of publicly traded shares, as well as preferred shares take precedence in dividend payment and eventual returns of the initial price. The portfolio is composed of fixed or actively managed securities, which are often in equal numbers. The fund could also invest in convertible shares, ETFs, other investment funds, equities, or income-generating securities. As an actively managed ETF, the fund manager has full discretion in making any investment decision at any time, while assessing market conditions and other factors. The fund manager also determines the amount of ordinary distributions.
Related funds
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PREF trades at 10.78 CAD today, its price has risen 0.28% in the past 24 hours. Track more dynamics on PREF price chart.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PREF expense ratio is 0.91%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PREF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PREF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PREF shows the buy signal. See more of PREF technicals for a more comprehensive analysis.
Today, PREF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PREF shows the buy signal. See more of PREF technicals for a more comprehensive analysis.
Yes, PREF pays dividends to its holders with the dividend yield of 6.47%.
PREF shares are issued by Quadravest Capital Management, Inc.
PREF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 27, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.