“The Canadian Preferred Share market continued its hot streak into the new year with the S&P/TSX Preferred Share Total Return Index (the “Index”) up 2.56%, 3.90% for Series F of Lysander-Slater Preferred Share Dividend Fund (the “Fund”), and 3.97% for Lysander-Slater Preferred Share ActivETF (the “ETF”) for the month of January. This is encouraging news as the Preferred Share market has been highly correlated to the equity market over the past few years., The major North American equity markets finished near flat in January.”

Read more of the January 2021 preferred share market recap by Slater Asset Management, portfolio manager of Lysander-Slater Preferred Share Dividend Fund and Lysander-Slater Preferred Share ActivETF.

 

Slater Monthly Commentary - January 2021
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