Global X Active Preferred Share ETF T.HPR

RE: $1600 today, better than GIC's

[gharibm]

The conversion is not 10.5 to 1. I assume you mean 10.5 HPR shares to 1 ENT.UN unit. It is actually 0.105 ENT.UN for each 1 HPR share or 1 ENT.UN for each 9.5238 HPR shares You can easily check by multiplying 9.5238 X 0.105