Lysander-Slater Preferred Share ActivETF (PR.TO) TSX

10.21

-0.02(-0.20%)

Updated at September 04 05:07PM

Currency In CAD

Lysander-Slater Preferred Share ActivETF

Address

Richmond Hill,

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

August 20, 2015

Key Executives

N/A

Description

The fund is an actively managed fund that seeks to invest primarily in Canadian-listed preferred shares. The advisor aims to select preferred shares at attractive valuations using a combination of fundamental and credit research. The fund’s active strategy allows it to hold up to 10% of its assets at the time of investment in other income-generating securities. In certain cases, the advisor may invest a limited portion of the fund in ETFs, shares denominated in USD, and derivatives, to meet investment objectives and hedge against certain risks. The fund does not aim for a specific maturity when it comes to its constituents.