read this from this forum posted lower in these threadsHello, I am interested in finding out what some of your favourite bond and perferred share offerings are.
Just quickly going over the summary (http://www.claymoreinvestments.ca/etf/fund/cpd) it seems that is has a 0.45% MER and covers the TSX preferred share index (mostly financials). For an ETF, it's a bit on the expensive side, but a great way to get broad exposure to preferred shares if you're not inclined to purchase them individually.I get confused about all the termenology and features for prefered shares. A friend suggested an EFT from Claymore with the ticker CPD. Anybody have an opinion on that fund?