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Submitted by • September 27, 2012

The Canada Preferred ETF is also heavy in financial stocks but the Canadian financial sector is on much firmer fundamental footing than the domestic financial sector. The reason these ETFs are so heavy in financial stocks is that financial companies are the heaviest issuers of preferred stock. The Canada Preferred ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Canada Preferred Stock Index.

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Voted by stevesmith9899Voted by john71701

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