Key stats
About NBI Active Canadian Preferred Shares ETF
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Inception date
Feb 8, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Primary advisor
National Bank Investments, Inc.
ISIN
CA62877E1097
The fund aims to generate tax-efficient dividend income while focusing on capital preservation through an actively-managed portfolio of preferred shares and other income-producing securities of Canadian companies. Portfolio holdings could also include Canadian and foreign equities, fixed-income securities, and income trusts. Security selection process is based on knowledge of the company, its industry, and its growth prospects. The process is done through fundamental research, and consideration of quantitative and technical factors by the sub-advisor. Final selection and weighting are determined through a credit analysis for each security, and an assessment of the risk profiles, relative performance, and general economic conditions. Overall foreign exposure is capped at 10% of the funds asset. The fund may also invest less than 10% of its assets in other funds, including ETFs, managed by the sub-advisor.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NPRF trades at 26.04 CAD today, its price has risen 0.19% in the past 24 hours. Track more dynamics on NPRF price chart.
NPRF net asset value is 25.94 today — it's risen 0.80% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NPRF assets under management is 152.28 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NPRF price has risen by 0.85% over the last month, and its yearly performance shows a 12.44% increase. See more dynamics on NPRF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.80% over the last month, showed a 6.28% increase in three-month performance and has increased by 17.55% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.80% over the last month, showed a 6.28% increase in three-month performance and has increased by 17.55% in a year.
NPRF fund flows account for −19.10 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NPRF invests in bonds. See more details in our Analysis section.
NPRF expense ratio is 0.58%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, NPRF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NPRF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NPRF shows the buy signal. See more of NPRF technicals for a more comprehensive analysis.
Today, NPRF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NPRF shows the buy signal. See more of NPRF technicals for a more comprehensive analysis.
Yes, NPRF pays dividends to its holders with the dividend yield of 4.62%.
NPRF trades at a premium (0.39%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NPRF shares are issued by National Bank of Canada
NPRF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 8, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.