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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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PREF last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.06 CAD in dividends,
Yes, PREF pays dividends to its holders with the dividend yield of 6.47%. The last dividend (Sep 10, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
PREF shares are issued by Quadravest Capital Management, Inc. under the brand Quadravest. The ETF was launched on Jun 27, 2024, and its management style is Active.
PREF expense ratio is 0.91% meaning you'd have to pay 0.91% of your investment to help manage the fund.
PREF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.