The Canadian Preferred Share market weakened along with common equity markets in the last week of October. After having been up by as much as 1.0%, the S&P/TSX Preferred Share Index ended the month down 38 bps, and Series F of Lysander-Slater Preferred Share Dividend Fund (the “Fund”) ended the month down 65 bps and the Lysander-Slater Preferred Share ActivETF (the “ETF”) down 58bps.

Slater Monthly Commentary - October 2020