Preferred shares are arguably one of the most unpopular securities out there when it comes to retail investors.
Investors don’t always understand what “preferred shares” are. Furthermore, these shares tend not to move much in price, so those comparing stock charts of “common” and preferred shares of the same company may opt for the common share variant.
However, preferred shares make sense for a particular subset of investors: those looking to buy assets that produce income and have lower volatility.
Why? Let’s go over what a preferred share is, and you’ll get a better idea.
Let’s take a peek at some of the top preferred share ETFs to buy in Canada.
Which are the best preferred share ETFs to buy today?
iShares S&P/TSX Canadian Preferred Share Index ETF (TSE:CPD)
The iShares Canadian Preferred Share Index ETF (TSE:CPD) is a preferred share ETF from Blackrock and one of the smallest on this list, with assets under management of just under…
