Brompton Flaherty & Crumrine Investment Grade Preferred ETF (BPRF.TO)

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This exchange-traded fund (ETF) primarily invests in high-quality, income-generating preferred shares and other similar securities, denominated in either Canadian or US dollars. Its comprehensive portfolio includes traditional preferred stock, trust preferred securities, hybrid instruments, contingent convertible bonds, and subordinated debt. These investments originate from North American senior debt issuers or global companies issuing securities in CAD or USD. Flaherty & Crumrine, acting as the sub-advisor, meticulously selects these holdings, emphasizing attractive income opportunities, robust diversification across issuers and security types, strong credit quality, and effective management of duration and interest rate risk. Utilizing an active management approach, the fund dynamically adjusts its positions with discretionary buy, sell, and hold decisions, informed by in-depth analysis of market and financial data.