Purpose Canadian Preferred Share Fund - CAD

Fund Identification

Main Metrics

Ratings

Official Investment Strategy

The ETF invests in Canadian preferred securities, with a focus on preferred securities; dividend paying Canadian equities; income and royalty trusts; ETFs; and fixed-income investments, with a view to consistent interest or distribution payments. Investments in floating rate preferred securities will be of Canadian issuers whose debt, at a minimum, has an investment grade rating at the time of purchase. Up to 5% of the fund’s portfolio may be invested in equities and the ETF may invest up to approximately 20% (at the time of investment and on a cost basis) of its assets in foreign securities.