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Canadian Investment Grade Preferred Share Fund (the Fund) is a Canada-based closed-end investment fund. The investment objectives of the Fund are to provide holders of units with monthly cash distributions, and maximize the total return to unitholders over time, by investing in an actively managed portfolio comprised primarily of preferred shares of Canadian issuers. The Fund will invest approximately 80% of total assets in Canadian preferred securities and investment grade securities. The Fund invests in financial services sector, as well as energy, industrials, utilities, pipelines, health care and telecommunications sectors and others. Purpose Investments Inc. is the manager of the Fund.
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