DYNAMIC ACTIVE PREFERRED SHARES ETF UNITDYNAMIC ACTIVE PREFERRED SHARES ETF UNITDYNAMIC ACTIVE PREFERRED SHARES ETF UNIT

DYNAMIC ACTIVE PREFERRED SHARES ETF UNIT

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Key stats

Assets under management (AUM)
‪624.04 M‬CAD
Fund flows (1Y)
‪52.14 M‬CAD
Dividend yield (indicated)
5.28%
Discount/Premium to NAV
0.4%

About DYNAMIC ACTIVE PREFERRED SHARES ETF UNIT

Issuer
The Bank of Nova Scotia
Brand
Dynamic
Expense ratio
0.72%
Inception date
Jan 20, 2017
Index tracked
No Underlying Index
Management style
Active
The fund provides exposure to preferred shares of Canadian companies of any maturity or credit rating by investing primarily in Dynamic Active Preferred Shares Fund. The portfolio adviser to the Dynamic APS Fund follows a comprehensive top-down and bottom-up investment process, focused on the risk/reward relationship of securities. As an actively managed ETF, the portfolio managers can analyze market and financial data to make buy, sell, and hold decisions at their discretion. As such, the fund may invest up to 49% in foreign securities, use warrants and derivatives to hedge against losses, gain exposure to individual securities and markets, and/or generate income.

Classification

Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of November 30, 2023
Exposure type
StocksBonds, Cash & Other
Finance
Industrial Services
Utilities
Miscellaneous
Stocks74.06%
Finance37.29%
Industrial Services17.31%
Utilities10.13%
Communications4.29%
Energy Minerals3.01%
Miscellaneous1.41%
Retail Trade0.62%
Bonds, Cash & Other25.94%
Miscellaneous16.59%
Corporate6.04%
Cash2.74%
ETF0.57%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows