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 2025-07-11
$55.5 million
NAVPS
As at 2025-07-11
$24.2216
Market price
As at 2025-07-11
$24.2500
MER (%)
As at 2024-12-31
0.81
Management fee (%) 0.65
Units outstanding
As at 2025-07-11
2,295,078
Asset class Global Fixed Income
Currency CAD
CUSIP 17162D109
Distribution frequency Monthly
Last distribution $0.1189
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 2025-06-30

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*
6.56% 2.63% 3.83% 6.56% 16.86% 8.79% 11.29% - 6.84%
*Since inception date

Distribution history3

Ex-Date Total
2025-06-24 0.1189
2025-05-27 0.0768
2025-04-24 0.1262
2025-03-25 0.0804
2025-02-24 0.0768
Ex-Date Total
2025-01-27 0.0768
2024-12-23 0.1300
2024-11-25 0.0768
2024-10-25 0.1105
2024-09-23 0.1100

FUND CHARACTERISTICS

Average Coupon % 5.00
Yield 5.66

RATING SUMMARY (%)

Average Credit Rating P2

*Corporate and Government bonds only.

CI Preferred Share ETF

TSX TICKER : FPR
 
Portfolio allocations4 As at 2025-06-30
Asset allocation (%)
  • Canadian Equity 89.37
  • Cash and Equivalents 3.60
  • Canadian Corporate Bonds 3.02
  • International Equity 2.89
  • US Equity 1.12
Sector allocation (%)
  • Financial Services 42.26
  • Energy 15.89
  • Utilities 15.27
  • Telecommunications 8.84
  • Real Estate 7.35
  • Cash and Cash Equivalent 3.60
  • Fixed Income 3.02
  • Consumer Services 1.55
  • Mutual Fund 1.12
  • Other 1.10
Geographic allocation(%)
  • Canada 95.78
  • Bermuda 2.89
  • United States 1.34
  • Other -0.01
Top holdings5
Sector (%)
1. Enbridge Inc - Pfd Sr 1 Energy Services and Equipment 3.03%
2. BCE Inc - Pfd Sr AB Diversified Telecommunications 2.54%
3. BCE Inc - Pfd Sr AD Diversified Telecommunications 2.40%
4. Toronto-Dominion Bank - Pfd Sr 7 Banking 1.90%
5. Toronto-Dominion Bank - Pfd Cl A Sr 1 Banking 1.89%
6. Brookfield Office Properties Inc - Pfd Cl AAA Sr P Real Estate Development 1.81%
7. TransAlta Corp - Pfd Sr C Electric Utilities 1.80%
8. Brookfield Renewable Partners LP - Pfd Cl A Electric Utilities 1.78%
9. TransAlta Corp - Pfd Sr E Electric Utilities 1.72%
10. TC Energy Corp - Pfd Sr 1 Energy Services and Equipment 1.69%
11. BCE Inc - Pfd Sr AI Diversified Telecommunications 1.56%
12. TC Energy Corp - Pfd Sr 7 Energy Services and Equipment 1.53%
13. Toronto-Dominion Bank - Pfd Sr 18 Banking 1.53%
14. Power Corp of Canada - Pfd Sr A Insurance 1.52%
15. Capital Power Corp - Pfd Cl A Sr 3 Electric Utilities 1.51%

Management team

First we'll display the Team Company and then the Team members
John Shaw
Leanne Ongaro
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.