Key stats
About DESJARDINS CDN PFD SH INDEX ETF CAD UNHEDGED UNITS
Expense ratio
0.61%
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Inception date
Apr 3, 2017
The fund provides exposure to an index of rate-reset preferred shares issued in Canada. Eligible securities must be denominated in CAD, have an effective time to maturity of 6 years, and have an adjustable dividend rate. Constituents are market-cap weighted with individual capping at 10%. The fund is designed for investors who are seeking steady and attractive income from a diversified portfolio delivering efficient exposure to the potential of rate-reset preferred shares in Canada. The index is rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Finance
Industrial Services
Utilities
Stocks98.40%
Finance51.02%
Industrial Services22.51%
Utilities15.03%
Communications5.78%
Energy Minerals2.78%
Miscellaneous1.27%
Bonds, Cash & Other1.60%
Miscellaneous0.91%
Cash0.69%
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