Key stats
About CI PREFERRED SHARE ETF COM UNIT
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Inception date
May 11, 2016
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
Distributor
First Asset Investment Management, Inc.
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
Corporate
Miscellaneous
Bonds, Cash & Other100.00%
Corporate50.87%
Miscellaneous46.14%
Cash1.99%
ETF1.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history