National Bank Investments
Home Products
Price and Performance
Firms and Managers
Documents and Tools
Investment Insights
About Us
CLOSE
Back to Funds

NBI Active Canadian Preferred Shares ETF NPRF

Asset Class : Preferred Share Fixed Income

Ticker: NPRF

As of 08/19/2019
$18.75 CAD$-0.00 CAD
-0.00%
$18.82
$18.79
$20.47
$18.82

Historical prices

DatePrice
You don't have results with these criteria.

Quick Facts

Investment objective
The NBI Active Canadian Preferred Shares ETF's investment objective is to generate tax-efficient dividend income while focusing on capital preservation. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of preferred shares of Canadian companies and other income-generating securities of Canadian companies.
Inception date01/15/2019
Net assets (08/19/2019)Data not available
MER (08/19/2019)Data not available
Inception Return-0.32%
YTD ReturnData not available
Units OutstandingData not available
Volume14500
Management FeeThe ETF's annual management fee is 0.50% of the ETF's value.
Distribution FrequencyMonthly
Risk/RatingLow to medium
Exchange (TSX)TSX
RRSP EligibilityYes
Open to InvestYes

Fund's Performance

Under current regulations, the fund performance can only be published one year after its inception.
Top 10 holdings
As of July 31, 2019
Name% of Fund assets
Power Financial Corp - Pfd Sr F2.62%
Enbridge Inc - Pfd Sr L2.41%
Canadian Imperial Bank of Comm - Pfd Cl A Sr 452.30%
Enbridge Inc - Pfd Sr J2.24%
Toronto-Dominion Bank - Pfd Sr 142.23%
Power Financial Corp - Pfd Sr I2.21%
Enbridge Inc - Pfd Sr J2.18%
Bank of Montreal - Pfd Cl B Sr 291.81%
National Bank of Canada - Pfd Sr 361.63%
Brookfield Asset Management Inc - Pfd Cl A Sr 241.54%
Asset allocations
As of July 31, 2019
Canadian Equity
98.66%
Cash and Equivalents
1.34%
Sector allocations
As of July 31, 2019
Financial Services
67.11%
Energy
13.21%
Utilities
10.95%
Real Estate
4.63%
Telecommunications
2.75%
Cash and Cash Equivalent
1.34%
Industrial Services
0.01%
Geographic allocations
As of July 31, 2019
Canada
99.99%
United States
0.01%
Top Holdings (% of Portfolio)21.17%
Total Number of HoldingsData not available

Portfolio Managers

Useful resources

Investors material
Regulatory documents

Questions?

Call or email an NBI sales representative: 1-877-463-7627

Legal notes

NBI Funds, including the Meritage Portfolios (hereinafter referred as the “Funds”) are managed by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the Funds before investing.

NBI ETFs are offered by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus or ETF Facts document(s) of the NBI ETFs before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. NBI ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent NBI ETF returns. The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, commission charges or income taxes payable by any unitholder that would have reduced returns. Past performance may not be repeated.

The performance data provided for money market funds assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. There can be no assurances that the funds will be able to maintain their net asset values per security at a constant amount or that the full amount of your investment will be returned to you. The performance data represents an annualized historical yield based on the seven-day period ended as indicated and annualized in the case of effective yield by compounding the seven-day return on and does not represent an actual one-year return.

The indicated rates of returns for funds other than money market funds are based on the historical annual compounded total returns including changes in securities value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.We consider the data and information contained on the Site to be reliable when posted. Despite our best efforts, however, we cannot guarantee that the information is exact or complete, free from errors or omissions, or that it is up to date at all times. The data and information available on the Site may be changed, moved or deleted without notice.

The Funds’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. For money market funds, there can be no assurances that a fund will be able to maintain its net asset value per security at a constant amount or that the full amount of the investment in a fund will be returned. The Funds are not guaranteed, their values change frequently and past performance may not be repeated.

® MERITAGE PORTFOLIOS and the Meritage Portfolios logo are registered trademarks of National Bank of Canada, used under license by National Bank Investments Inc.