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 2024-03-28
$54.5 million
NAVPS
As at 2024-03-28
$21.4264
Market price
As at 2024-03-28
$21.3700
MER (%)
As at 2023-06-30
0.82
Management fee (%) 0.65
Units outstanding
As at 2024-03-28
2,545,078
Asset class Global Fixed Income
Currency CAD
CUSIP 17162D109
Distribution frequency Monthly
Last distribution $0.0779
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 2024-02-29

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*
6.21% 0.69% 6.70% 13.38% 5.00% 2.58% 4.99% - 5.14%
*Since inception date

Distribution history3

Payable date Total
2024-03-21 0.0779
2024-02-22 0.0768
2024-01-24 0.0768
2023-12-20 0.1300
2023-11-23 0.0768
Payable date Total
2023-10-24 0.1355
2023-09-22 0.1144
2023-08-24 0.0874
2023-07-24 0.1050
2023-06-23 0.1205

FUND CHARACTERISTICS

Average Coupon % 5.10
Yield 6.69

RATING SUMMARY (%)

P1 12.54
P2 52.46
P3 30.55
P4 4.45
P5 0.00
Average Credit Rating P2

*Corporate and Government bonds only.

CI Preferred Share ETF

TSX TICKER : FPR
 
Portfolio allocations4 As at 2024-02-29
Asset allocation (%)
  • Canadian Equity 90.10
  • Canadian Corporate Bonds 4.45
  • International Equity 3.13
  • US Equity 1.62
  • Cash and Equivalents 0.76
  • Other -0.06
Sector allocation (%)
  • Financial Services 40.58
  • Energy 17.41
  • Utilities 15.87
  • Telecommunications 9.84
  • Real Estate 4.95
  • Fixed Income 4.45
  • Consumer Services 3.05
  • Mutual Fund 1.62
  • Industrial Goods 1.54
  • Other 0.69
Geographic allocation(%)
  • Canada 94.83
  • Bermuda 3.13
  • United States 2.10
  • Other -0.06
Top holdings
Sector (%)
1. Enbridge Inc - Pfd Sr 1 Energy Services and Equipment 3.96%
2. BCE Inc - Pfd Sr AB Diversified Telecommunications 3.64%
3. BCE Inc - Pfd Sr AD Diversified Telecommunications 3.04%
4. TransAlta Corp - Pfd Sr E Electric Utilities 2.51%
5. Capital Power Corp - Pfd Cl A Sr 3 Electric Utilities 2.16%
6. Capital Power Corp - Pfd Sr 5 Electric Utilities 2.04%
7. Citigroup Capital XIII - Pfd Mutual Fund 1.62%
8. TransAlta Corp - Pfd Sr C Electric Utilities 1.61%
9. Brookfield Renewable Partners LP - Pfd Cl A Electric Utilities 1.58%
10. Manulife Financial Corp - Pfd Sr 2 Insurance 1.55%
11. Power Corp of Canada - Pfd Sr A Insurance 1.54%
12. Loblaw Cos Ltd - Pfd Sr B Retail 1.51%
13. TC Energy Corp - Pfd Sr 1 Energy Services and Equipment 1.49%
14. BCE Inc - Pfd Sr AI Diversified Telecommunications 1.45%
15. Pembina Pipeline Corp - Pfd Cl A Pipelines 1.42%

Management team

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