Canadian ETF knowledgebase
The fund seeks to track, less fees and expenses,the S&P/TSX Preferred Share Index.
The ETF provides suitable investors of any size with the opportunity to gain exposure to the Canadian preferred shares market, provide a diversified portfolio and the potential for monthly distributions.
Overall, accessing preferred shares through this ETF can help reduce risk, including credit risk.
|Category (main)||Canadian Equity Income - Preferred Shares|
|Underlying Index||S&P/TSX Canadian Preferred Share Index|
|ETF Structure||Passive type. Endeavours to return the Index return before fees/costs|
|Asset Class||Equity Income - Preferred Shares|
|Issuer||iShares Canada by Blackrock|
|ETF Home Page||Available here|
|Inception Date||9 Apr 2007|
|Significant Currency Exposure||No|
|Currency Hedging||Not applicable|
|Management Expense Ratio (MER)||0.50%|
|Exchange||TSX (Toronto Stock Exchange)|
|Eligibility *||RRSP, RRIF, RESP, TFSA, DPSP, RDSP|
|DRIP available **||Yes|
|PACC Plan available **||Yes|
|SWP available **||Yes|
* 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:
Canada ETFs's analysis of this ETF will be available soon.