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Quadravest Preferred Split Share ETF (PREF : TSX)

Alternative Credit Focus

Close
(01-17-2025)
$10.72
Change
$0.00 (0.00%)
Open $10.73
Day Range $10.71 - $10.73
Volume 1,610

As at December 31, 2024

As at December 31, 2024

Period

Chart

Combination chart with 3 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 3 Y axes displaying Closing Price Volume and navigator-y-axis.
Viewing Data ranges from 2024-07-02 00:00:00 to 2025-01-17 00:00:00.
End of interactive chart.

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
Viewing Data ranges from 2024-07-02 00:00:00 to 2025-01-17 00:00:00.
End of interactive chart.

Legend

Quadravest Preferred Split Share ETF

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Fund Returns

Inception Return (June 24, 2024): 9.59%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.45% 5.31% 8.39% - - - - - - - - - - -
Benchmark -0.52% -0.10% 4.43% 4.10% 4.10% 5.24% -0.65% -1.17% 0.71% 1.73% 1.67% 1.79% 1.77% 1.95%
Category Average 0.22% 4.56% 4.56% 7.98% 7.98% 7.60% 3.56% 3.48% 4.21% - - - - -
Category Rank 7 / 134 9 / 126 7 / 123 - - - - - - - - - - -
Quartile Ranking 1 1 1 - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund - - - - - - 1.39% 0.53% 0.99% 1.27% 2.50% 1.45%
Benchmark -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07% 1.51% -0.52%

Best Monthly Return Since Inception

2.50% (November 2024)

Worst Monthly Return Since Inception

0.53% (August 2024)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - -
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average - - - - - 7.20% 3.25% -4.07% 7.22% 7.98%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 94.84
Cash and Equivalents 5.16

Sector Allocation

Sector Allocation
Name Percent
Mutual Fund 80.04
Financial Services 10.86
Cash and Cash Equivalent 5.16
Energy 3.94

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Financial 15 Split Corp - Pfd 11.06
Dividend 15 Split Corp - Pfd 10.86
North American Financial 15 Split Corp - Pfd 10.09
Dividend Growth Split Corp - Pfd 10.07
Premium Income Corp - Pfd 9.93
Canadian Banc Corp - Pfd 9.02
Dividend 15 Split Corp II - Pfd 9.01
Life & Banc Split Corp - Pfd 8.98
Brompton Split Banc Corp - Pfd 6.51
Global Dividend Growth Split Corp - Pfd 5.39

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date June 24, 2024
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $21
52 Week High $10.73
52 Week Low $9.77
Annual Dividend $0.34
Annual Yield -
Index Solactive Dividend Stability Canada Preferred Share Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The investment objectives of the Quadravest Preferred Split Share ETF (“Preferred ETF”) are to provide unitholders of the Preferred ETF with: (a) monthly distributions and (b) the opportunity for capital preservation primarily through investment in a portfolio of preferred shares of split share corporations (“Split Corp. Preferred Shares”).

Investment Strategy

The investment strategy of the Preferred ETF is to primarily invest in an actively managed portfolio of Split Corp. Preferred Shares offered by Canadian split share corporations listed on a Canadian exchange. The Preferred ETF may also invest in preferred shares of other issuers, exchange-traded funds, other investment funds, equities or income-generating securities, and securities that are convertible into any of the above noted securities provided such investments are consistent with the Prefe

Portfolio Manager(s)

Name Start Date
Quadravest Capital Management Inc. 06-14-2024

Management and Organization

Fund Manager Quadravest Capital Management Inc.
Advisor Quadravest Capital Management Inc.
Custodian -
Registrar TSX Trust Company
Distributor -
Auditor PricewaterhouseCoopers LLP

Fees

MER -
Management Fee 0.50%

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