What does Global X Laddered Canadian Preferred Share Index Corporate Class ETF invest in?▾
HLPR provides exposure to Toronto Stock Exchange-listed preferred shares that generally have an adjustable dividend rate and are laddered using equal weights in annual reset term buckets. Generally issued by large, well-established companies, preferred shares are securities that include characteristics of both bonds and equities. Like bonds, preferred shares pay a fixed or adjustable dividend over a set term – but also have the potential for price appreciation (or decline) like a stock. This ETF is suitable for an investor looking for total return exposure to Canadian rate-reset preferred...
