First Asset Preferred Share ETF
Investment Objectives
First Asset Preferred Share ETF's investment objective is to provide unitholders with regular distributions; and the opportunity for capital appreciation from the performance of a portfolio comprised primarily of preferred shares of North American issuers. This actively managed portfolio will be comprised primarily of investment grade preferred shares and to a lesser extent investment grade corporate debt and convertible bonds. At least 75% of the Preferred Shares and Corporate Debt in the portfolio of FPR shall be rated investment grade at the end of every reporting period (June 30th and December 31st).

Signature Global Asset Management: Sector Specialists
Signature Global Asset Management, a division of CI Investments Inc., is the Portfolio Manager of the Fund. Signature Global Asset Management, led by Chief Investment Officer Eric Bushell, manages over $50 billion in core equity, balanced and income-oriented funds, and is CI Investments' largest in-house portfolio management group. Signature's John Shaw, Vice-President, Portfolio Management and Portfolio Manager , is responsible for stock selection for the Fund.
Mr. Shaw leads the Investment Grade Bond sector team for Signature Global Asset Management and has managed Signature's preferred share portfolio for over 10 years. Mr. Shaw has experience in international credit analysis, trading and portfolio management. Mr. Shaw holds a BA in Economics from Queen's University and the Chartered Financial Analyst designation.
1m | 3m | 6m | YTD | 1y | SI | |
---|---|---|---|---|---|---|
FPR | -0.52% | 0.20% | 2.81% | 0.20% | 5.51% | 11.11% |
Benchmark | -0.66% | -0.15% | 2.58% | -0.15% | 5.52% | 13.01% |
As at: 29 Mar 2018 - Benchmark: S&P/TSX Preferred Share Index |
The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns.
S&P/TSX Preferred Share Index is a capitalization-weighted index designed to measure market activity of Canadian preferred stock listed on the Toronto Stock Exchange. The Index is used as a benchmark to help you understand the Fund’s performance relative to the general performance of Canadian preferred shares.
Distributions
Twelve month-trailing distribution yield: 4.11%
FPR | Total | Cash | Reinvested | Eligible dividends | Non eligible dividends | Other income | Capital Gains | Return of capital | Foreign Income | Foreign tax paid |
---|---|---|---|---|---|---|---|---|---|---|
SI | $1.97680 | $1.76680 | $0.21000 | $1.13951 | - | - | $0.40127 | $0.12882 | - | - |
2018 + | $0.30720 | $0.30720 | - | - | - | - | - | - | - | - |
24-Apr | $0.07680 | $0.07680 | - | - | - | - | - | - | - | - |
23-Mar | $0.07680 | $0.07680 | - | - | - | - | - | - | - | - |
22-Feb | $0.07680 | $0.07680 | - | - | - | - | - | - | - | - |
25-Jan | $0.07680 | $0.07680 | - | - | - | - | - | - | - | - |
2017 + | $1.13160 | $0.92160 | $0.21000 | $0.79919 | - | - | $0.31855 | $0.01386 | - | - |
28-Dec | $0.21000 | - | $0.21000 | $0.14831 | - | - | $0.05911 | $0.00258 | - | - |
28-Dec | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
29-Nov | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
30-Oct | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
28-Sep | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
30-Aug | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
28-Jul | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
29-Jun | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
30-May | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
27-Apr | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
30-Mar | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
27-Feb | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
30-Jan | $0.07680 | $0.07680 | - | $0.05424 | - | - | $0.02162 | $0.00094 | - | - |
2016 + | $0.53800 | $0.53800 | - | $0.34032 | - | - | $0.08272 | $0.11496 | - | - |
29-Dec | $0.07810 | $0.07810 | - | $0.02014 | - | - | - | $0.05796 | - | - |
29-Nov | $0.07680 | $0.07680 | - | $0.01980 | - | - | - | $0.05700 | - | - |
28-Oct | $0.07680 | $0.07680 | - | $0.06022 | - | - | $0.01658 | - | - | - |
29-Sep | $0.07680 | $0.07680 | - | $0.06022 | - | - | $0.01658 | - | - | - |
30-Aug | $0.07650 | $0.07650 | - | $0.05998 | - | - | $0.01652 | - | - | - |
28-Jul | $0.07650 | $0.07650 | - | $0.05998 | - | - | $0.01652 | - | - | - |
29-Jun | $0.07650 | $0.07650 | - | $0.05998 | - | - | $0.01652 | - | - | - |
(1) Future distribution dates may be amended at any time. (2) Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. (3) The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore investors will be informed of the characterization of the amounts distributed for tax purposes only for the entire year and not with each distribution. For tax purposes these amounts will be reported by brokers on official tax statements.
News
Documents
10 May, 2017 | Common units
31 Dec, 2017 | Financial Statements
30 Jun, 2017 | Financial Statements
31 Dec, 2017 | Management Report of Fund Performance
30 Jun, 2017 | Management Report of Fund Performance
30 Sep, 2017 | Quarterly Summary of Investment Portfolio
31 Mar, 2017 | Quarterly Summary of Investment Portfolio
30 Jun, 2017 | Proxy Voting Record
19 Sep, 2011 | Distribution Reinvestment Plan
Warning: Documents posted on this website (including, without limitation, prospectuses) are current only as of the date on them
To access the SEDAR filings of First Asset Preferred Share ETF please click here