Commentary

Split Share Funds Year-End Report—2022

Split Shares & Funds

Summary

DBRS Limited (DBRS Morningstar) released its “Split Share Funds Year-End Report—2022,” which covers the Canadian split share market for 2022. The report provides insight into market activity throughout the year and summarizes the performance of split share funds rated by DBRS Morningstar. The report also describes developments in the equity markets and their relation to the class and its performance, new issuance volume, the outlook for the industry, and the funds’ activities. The appendixes contain details on all preferred shares and securities rated by DBRS Morningstar, including current ratings and recent downside protection levels.

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