Lysander-Slater Preferred Share ActivETF (PR.TO) TSX
10.33
-0.06(-0.58%)
Currency In CAD
- General
- Statistics
- Historical Data
- Profile
- Financials
10.33
-0.06(-0.58%)
Currency In CAD
Address
100 York Boulevard, Suite 550
Richmond Hill, ON L4B 1J8
Canada
Phone
1-877-308-6977
Sector
Financial Services
Industry
Asset Management - Bonds
Employees
N/A
First IPO Date
August 20, 2015
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 funds 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.