RBC Canadian Preferred Share ETF

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Investment Objective

The RBC Canadian Preferred Share ETF seeks to provide unitholders with exposure to the performance of an actively managed portfolio of rate reset preferred shares issued by Canadian companies, selected on the basis of fundamental analysis, credit research and interest rate sensitivity analysis.

Fund Information

Ticker Symbol: RPF
Exchange: TSX
Assets ($mm): 805.44
Units Outstanding: 33,060,464
Mgmt. Fee: 0.53
2017 MER: 0.59
CUSIP: 74934A103
Income Distribution: Monthly
Capital Gains Distribution: Annually
Inception Date: Sep, 2016
Registered Account Eligibility: RRSPs, RRIFs, RESPs, DPSPs and TFSAs


Fund Market Price
(as of February 15, 2018)
Closing Price 24.40
Change ($) 0.05
Change (%) 0.21
Market 52 Week High 24.78
Market 52 Week Low 22.17
Volume 217,810
Fund Net Asset Value
(as of February 15, 2018)
NAV Price 24.36
Change ($) 0.04
Change (%) 0.18
NAV per Share 52 Week High 24.74
NAV per Share 52 Week Low 22.22

Performance Analysis

(as of January 31, 2018)
  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since Incep
NAV 2.06% 2.06% 2.76% 5.59% 12.80% 21.00%

Portfolio Analysis

 (as of February 15, 2018)
Number of Securities 164
Weighted Average Dividend Yield (%) 4.56
Weighted Average Price to Earnings 17.47
Weighted Average Price to Book 1.50
Weighted Average Market Cap ($MM) 51,914
Weighted Average Beta 0.60

Credit Ratings Distribution/Breakdown
(as of January 31, 2018)

Sector Breakdown
(as of January 31, 2018)

Underlying Holdings  (as of February 15, 2018) % Assets
Pembina Pipeline Corp - Series 1 Preferred Shares 1.8
Enbridge Inc - Series N Preferred Shares 1.8
Enbridge Inc - Series F Preferred Shares 1.7
Toronto-Dominion Bank/The - Series 14 Preferred Shares 1.6
BCE Inc - Series AK Preferred Shares 1.6
Enbridge Inc - Series D Preferred Shares 1.6
Emera Inc - Series C Preferred Shares 1.5
Royal Bank of Canada - Series BK Preferred Shares 1.5
Fortis Inc/Canada - Series G Preferred Shares 1.5
BCE Inc - Series AQ Preferred Shares 1.5
Top Holdings (% of Portfolio) 16.0%
Total Number of Holdings 164

Distributions & Tax Information

Distributions for Year: 2018
Choose distribution year:
Distr. Period Ex-Dividend Date Record Date Pay Date Cash Distr. Per Unit Re-invested Distr. Per Unit Total Distr. Per Unit††
Jan, 2018 01/24/2018 01/25/2018 01/31/2018 0.078 0.078
Year to Date   0.078 0.078

Securities regulations do not allow us to report performance, including yield, for an exchange-traded fund that has been available for less than one year.

† Distributions by the RBC ETF that are not paid in cash but result in additional units of the RBC ETF. These distributions should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held.

†† The exact tax treatment of the distributions for a calendar year is calculated after the RBC ETF's tax year-end. As a result, investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution.