Dynamic Active Preferred Shares ETF (TSX:DXP)

Dynamic Active Preferred Shares ETF is an exchange traded fund launched and managed by 1832 Asset Management L.P. The fund invests in fixed income markets of Canada. It invests directly, through derivatives and through other funds in preferred securities. The fund employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against the S&P/TSX Preferred Share Index. Dynamic Active Preferred Shares ETF was formed on January 20, 2017 and is domiciled in Canada.