ETF Sage
Canadian ETF knowledgebase
The fund seeks to replicate, before fees and expenses, the performance of the NASDAQ Select Canadian Preferred Share Index.
The index is comprised of select investment-grade preferred shares issued by Canadian corporations that trade on the TSX.
The NASDAQ Select Canadian Preferred Share Index is a modified market capitalization weighted index. The security types eligible for the Index include preferred securities. To be eligible for initial inclusion in the Index a security must be listed on the Toronto Stock Exchange, be incorporated in Canada, have a minimum median daily cash value of CAD$50,000, have traded for at least 90% of the available trade days in November and December, and have a median daily cash value of at least CAD$50,000.
Fundamentals | |
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Category (main) | Canadian Equity Income - Preferred Shares |
Underlying Index | NASDAQ Select Canadian Preferred Share Index |
ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
Asset Class | Equity Income - Preferred Shares |
Region | Canada |
Issuer | Invesco (Canada) |
ETF Home Page | Available here |
Fund Facts | |
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Inception Date | Jun 16 2011 |
Total Holdings | 50 |
Distribution Frequency | Monthly |
Leverage | None |
Significant Currency Exposure | No |
Currency Hedging | Not applicable |
Fees | |
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Management Fee | 0.45% |
Management Expense Ratio (MER) | 0.51% * |
* 2012
Trading Information | |
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Ticker | PPS |
Exchange | TSX (Toronto Stock Exchange) |
Currency | CAD |
Eligibility | |
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Eligibility * | RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
DRIP available ** | Unknown |
PACC Plan available ** | Unknown |
SWP available ** | Unknown |
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: