Canadian Preferred Share Trust
$250,000,000.00
25,000,000.00 Units at $10.00
Initial Public Offering - Closed - Thursday, July 2, 2015
Company Description
Canadian Preferred Share Trust is a closed-end investment trust established to invest in an actively managed portfolio comprised primarily of Canadian preferred shares. Fiera Capital Corporation is the manager, portfolio manager and promoter of the Fund.
| Address: |
1 Adelaide Street East, Suite 600 Toronto, Ontario, M5C 2V9 Canada |
|---|---|
| Phone Number: | 416 955-4929 |
| Fax Number: | |
| Website: |
| Industry: | Structured Products |
|---|---|
| Closing Date: | Thursday, July 2, 2015 |
| 1st Day of Trading: | Thursday, July 2, 2015 |
| Primary Symbol: | PFT |
| Exchange: | Toronto |
Proceeds
The net proceeds of the Offering will be used to acquire Portfolio Securities.
| Gross Proceeds: | $250,000,000.00 |
|---|---|
| Underwrting Fees: | $10,000,000.00 |
| Expense Offering: | $650,000.00 |
| Net Proceeds: | $239,350,000.00 |
| Lead Underwriter: | RBC Dominion Securities Inc. |
|---|---|
| Other Underwriter(s): |
CIBC World Markets Inc. BMO Nesbitt Burns Inc. TD Securities Inc. Scotia Capital Inc. National Bank Financial Inc. Desjardins Securities Inc. GMP Securities Ltd. Dundee Securities Corporation Raymond James Ltd. Canaccord Genuity Corp. Manulife Securities Incorporated |
Performance
| 1 day | 1 week | 1 month | 6 months | Inception | |
|---|---|---|---|---|---|
| Recent Performance | 0.00 % | 3.37 % | -43.42 % | -42.36 % | -57.00 % |
| Post IPO Performance | -2.50 % | -4.00 % | -20.40 % |
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