TCI Premia Preferred Share Private Pool

Investment Strategy

The TCI Premia Preferred Share Private Pool provides exposure to all the major segments of the preferred share market. It seeks to provide investors with eligible Canadian dividend income while preserving capital over the long run by investing primarily in preferred shares of Canadian companies.

Strategy Highlights

  • Diversifies traditional fixed income holdings with reset preferred shares that can create an initial hedge against rising interest rates
  • Generates a high-income stream of tax-advantaged Canadian eligible dividends
  • Shifts exposure between the segments of the Canadian preferred share market in response to the evolving interest rate cycle

Why Choose the TCI Premia Preferred Share Private Pool?

  • Provides broader diversification by preferred share type compared to the major ETFs and funds
  • Seeks superior downside protection compared with preferred share ETFs
  • Has achieved superior risk-adjusted performance in the Morningstar Canadian Preferred Share fund category since inception1
  • Has the potential to generate capital gains where preferred shares are purchased at a discount to their redemption values
  • The Pool’s low active management fee and lack of performance fee augment the potential for strong performance
1 Past performance is not indicative of future results.
Latest Monthly Profile
Manager Tacita Capital Inc.
Inception Date March 9, 2018
Fund Code and Series TCP101 - Series F
Fund Type Open-ended Mutual Fund Trust
Registered Plan Status TFSA, RRSP, RESP, RDSP Eligible
Minimum Investment $10,000
Valuation Frequency Weekly
Redemptions Weekly
Redemption Fee None
Distributions Monthly at Manager's Discretion
Management Fee 0.40%
Performance Fee None
Initial Lock-Up None
Prime Broker National Bank Independent Network
Auditor Grant Thornton LLP
Legal Counsel AUM Law Professional Corporation
McCarthy Tétrault LLP
Administrator SGGG Fund Services Inc.
Fund Currency Canadian Dollar (CAD)