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CUD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    55.9379$
  • Previous Close
    55.9379$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

CUD.TO is the ticker symbol for the Purpose Canadian Preferred Share ETF, an exchange-traded fund (ETF) listed on the Toronto Stock Exchange (TSX). It is designed to provide investors with exposure to a diversified portfolio of preferred shares issued by Canadian companies. The ETF aims to generate income and capital appreciation by investing primarily in preferred shares that meet certain criteria, such as credit quality and liquidity.
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Factors

Underlying Assets: CUD.TO's price is primarily driven by the price movements of the underlying companies it holds, which are typically Canadian dividend-paying stocks.

Interest Rates: Higher interest rates can make bonds and other fixed-income investments more attractive, potentially decreasing demand for dividend stocks and CUD.TO.

Dividend Yields: The dividend yields of the underlying stocks influence CUD.TO. Higher yields often attract investors, potentially increasing its price.

Market Sentiment: Overall investor confidence and market trends significantly impact demand for ETFs like CUD.TO. Positive sentiment can boost the price.

Fund Flows: Large inflows into CUD.TO can increase its price, while outflows can decrease it due to supply and demand dynamics.

Management Fees: While not a direct price driver, higher management fees can indirectly affect returns, making CUD.TO less attractive compared to similar ETFs with lower fees.

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