Quadravest Launches Preferred Split Share ETF

TDb Split (TSE:XTD) has released an update.

Quadravest Capital Management Inc. has announced the launch of its new Quadravest Preferred Split Share ETF, which began trading on the Toronto Stock Exchange under the symbol PREF. The Preferred ETF aims to offer unitholders monthly distributions and the potential for capital preservation through a portfolio of preferred shares from Canadian split share corporations. Quadravest, with a history dating back to 1997, manages approximately $5 billion in assets and a range of 13 public investment products.

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