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PowerShares Canadian Preferred Share Index ETF - PPS

ETF Overview

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.

Additional Index Information

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.

Key ETF Data

Fundamentals
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
Inception Date Jun 16 2011
Total Holdings 50
Distribution Frequency Monthly
Leverage None
Significant Currency Exposure No
Currency Hedging Not applicable
Fees
Management Fee 0.45%
Management Expense Ratio (MER) 0.51% *

* 2012

Trading Information
Ticker PPS
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
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.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar

ETF Analysis

Canada ETFs's analysis of this ETF will be available soon.