What does CZP mean in TORONTO STOCK EXCHANGE

CPI Preferred Equity LTD was a publicly traded preferred equity fund, which was listed on the Toronto Stock Exchange until it was de-listed in 2019.

CPI Preferred Equity LTD was de-listed from the Toronto Stock Exchange in 2019, after its shareholders approved a delisting plan.

A preferred equity fund is an investment vehicle that provides investors with exposure to the equity markets and access to dividends paid from investments. It typically offers higher returns than other types of investments, such as bonds or fixed income securities.

Preferred equity funds are typically offered through brokers or financial advisors who provide access to investments through various strategies. Investors should always do their due diligence prior to investing in any asset class.

The decision to delist the fund was taken by its shareholders, who voted overwhelmingly in favor of the delisting plan mainly due to its relatively small market capitalization compared to other funds and lack of interest from potential investors.

CIBC Asset Management Inc., BMO Nesbitt Burns Investment Counsel Inc., TD Asset Management Inc., and others were among the holders of shares in CPI Preferred Equity LTD prior to its de-listing.

De-listing means that a company’s stock will no longer be listed on an exchange and therefore cannot be traded on the open market. This can occur for a variety of reasons such as inadequate liquidity or listings requirements not being met by the company.

When a company is de-listed, existing shareholders will continue to own their stock but it will not be able to be actively traded on an exchange and thus have limited value. Shareholders would then need to either liquidate their position or look for alternative avenues for selling their shares such as private trading platforms or peer to peer transactions with other investors interested in buying positions that have been deemed inactive on regulated exchanges.

Yes, you may still receive dividend payments after your company has been de-listed; however, these payments will likely be lower since there is limited public demand for a particular stock when it has been removed from trading on an exchange. It is important that investors research companies prior to investing and understand all applicable risks associated with stocks prior to making any decisions about where they should place their money.

Generally speaking, getting your money back after your company has been de-listed depends on how you originally invested your money into the stock; if you purchased shares directly from the company then you should be able contact them directly regarding recovery plans available for returning principal invested into your position(s). However, if you purchased shares through brokers or other external sources then your ability to recoup capital may depend upon clauses within agreements entered between you and those entities at the time of purchase/sale as well as other regulations set forth by local laws/regulations.