CI Preferred Share ETF

TSX TICKER : FPR
 

Fund overview

The Fund's investment objective is to provide Unitholders with: (a) regular distributions; and (b) the opportunity for capital appreciation from the performance of a portfolio comprised primarily of preferred shares of North American issuers.

Fund details

description of elementelement value
Inception date May 2016
Total net assets ($CAD)
As at 2024-07-23
$54.0 million
NAVPS
As at 2024-07-23
$22.1218
Market price
As at 2024-07-23
$22.1100
MER (%)
As at 2023-12-31
0.82
Management fee (%) 0.65
Units outstanding
As at 2024-07-23
2,445,078
Asset class Global Fixed Income
Currency CAD
CUSIP 17162D109
Distribution frequency Monthly
Last distribution $0.1058
Average Credit Rating P2

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

Investor suitability

For those who:
  • want North American preferred share exposure
  • want the potential for high income generation
  • want to receive regular monthly cash flows (if any)
  • can tolerate medium risk

Performance2 As at 2024-06-30

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
12.49% -0.43% 2.37% 12.49% 17.59% 1.69% 6.47% - 5.67%
*Since inception date

Distribution history3

Payable date Total
2024-06-24 0.1058
2024-05-23 0.0833
2024-04-23 0.1114
2024-03-21 0.0779
2024-02-22 0.0768
Payable date Total
2024-01-24 0.0768
2023-12-20 0.1300
2023-11-23 0.0768
2023-10-24 0.1355
2023-09-22 0.1144

FUND CHARACTERISTICS

Average Coupon % 5.00
Yield 6.31

RATING SUMMARY (%)

P1 12.53
P2 58.01
P3 25.93
P4 3.52
P5 0.00
Average Credit Rating P2

*Corporate and Government bonds only.

CI Preferred Share ETF

TSX TICKER : FPR
 
Portfolio allocations4 As at 2024-06-30
Asset allocation (%)
  • Canadian Equity 92.66
  • International Equity 2.73
  • Canadian Corporate Bonds 1.87
  • Cash and Equivalents 1.53
  • US Equity 1.25
  • Other -0.04
Sector allocation (%)
  • Financial Services 45.96
  • Energy 18.05
  • Utilities 14.09
  • Telecommunications 8.00
  • Real Estate 5.24
  • Consumer Services 2.93
  • Fixed Income 1.87
  • Cash and Cash Equivalent 1.53
  • Mutual Fund 1.25
  • Other 1.08
Geographic allocation(%)
  • Canada 95.68
  • Bermuda 2.73
  • United States 1.63
  • Other -0.04
Top holdings
Sector (%)
1. Enbridge Inc - Pfd Sr 1 Energy Services and Equipment 3.69%
2. BCE Inc - Pfd Sr AB Diversified Telecommunications 2.82%
3. BCE Inc - Pfd Sr AD Diversified Telecommunications 2.34%
4. Brookfield Renewable Partners LP - Pfd Cl A Electric Utilities 1.60%
5. Toronto-Dominion Bank - Pfd Cl A Sr 5 Banking 1.60%
6. TransAlta Corp - Pfd Sr C Electric Utilities 1.57%
7. TC Energy Corp - Pfd Sr 1 Energy Services and Equipment 1.55%
8. Royal Bank of Canada - Pfd Sr BD Banking 1.54%
9. Manulife Financial Corp - Pfd Sr 2 Insurance 1.53%
10. Toronto-Dominion Bank - Pfd Cl A Sr 1 Banking 1.51%
11. Capital Power Corp - Pfd Cl A Sr 3 Electric Utilities 1.51%
12. Power Corp of Canada - Pfd Sr A Insurance 1.49%
13. Bank of Montreal - Pfd Cl B Sr 29 Banking 1.48%
14. Pembina Pipeline Corp - Pfd Cl A Pipelines 1.48%
15. TransAlta Corp - Pfd Sr E Electric Utilities 1.47%

Management team

First we'll display the Team Company and then the Team members
John Shaw
Leanne Ongaro
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