Great-West Lifeco Inc., 5.20%, Non-Cumulative, Series "G"
1.7
Fortis Inc., 3.913%, Redeemable, Series "M"
1.6
TC Energy Corporation, 3.903%, First Preferred, Series 7
1.6
Manulife Financial Corporation, 3.80%, Non-Cumulative, Class 1, Series 17
1.6
Fairfax Financial Holdings Limited, 3.708%, Series "I"
1.5
Emera Incorporated, 4.60%, First Preferred, Series "L"
1.4
Toronto-Dominion Bank (The), 3.876%, Non-Cumulative, Series 5
1.3
Toronto-Dominion Bank (The), 3.681%, Non-Cumulative, Series 3
1.2
Total
16.3
Top 10 Issuers (%)
As at 04/30/23
Enbridge
9.7
TD
8.3
Manulife Financial
6.8
Brookfield Asset Management
6.6
Pembina Pipeline
6.0
Great-West Life
5.7
Bell Canada
5.3
Power Financial Corp
4.6
Fairfax Financial
4.1
TransCanada PipeLines
3.9
Total
61.0
Credit Quality
As at 04/30/23
P1H 5.2%
P2M 21.5%
P3L 0.0%
P1M 0.0%
P2L 38.4%
P4H 1.0%
P1L 6.5%
P3H 13.9%
P2H 5.8%
P3M 7.6%
Preferred Share Type (%)
Reset
70.1
Perpetual
22.5
Float
3.9
ETF
0.6
Historical Distributions ($/unit)
2023 May
Apr
Mar
Feb
Jan
2022 Dec
Nov
Oct
Sep
Aug
Jul
Jun
0.0720
0.0720
0.0720
0.0720
0.0720
0.0720
0.0720
0.0720
0.0720
0.0720
0.0720
0.0720
Purchase Exemptions and Minimum Investment Requirements
The Dynamic Active Preferred Shares ETF is generally available to investors who can meet certain eligibility requirements under one of two exemptions from the prospectus requirement in order to invest. The exemptions and their minimum initial investment amounts for residents in any province or territory in accordance with applicable securities laws are:
Investors should contact their investment dealer or Financial Advisor for more information regarding these exemptions and their requirements.
If you qualify under any of the above exemptions and can comfortably invest the minimum dollar amount specified, please accept the disclaimer below to learn more about the Dynamic Active Preferred Shares ETF.
If you are a registered Portfolio Manager (Advising Representative) with a client in a fully managed account, there is no minimum purchase amount. There is a bulk subscription agreement that can be used to execute purchases for managed accounts.
Disclaimer: Information pertaining to the Dynamic Active Preferred Shares ETF is not to be construed as a public offering of securities in any jurisdiction of Canada. The offering of units in the fund is made pursuant to its offering memorandum only to those investors in jurisdictions of Canada who meet certain eligibility requirements. Please read the offering memorandum carefully before investing.