Q: Lots of comments around that there may not be a lot of upside to the Telcos. And we know that covererd call etfs`s also have built-in limited upside. Any thoughts on swapping Telus for a covered call etf for income?
5i Research Answer:
Consider a somewhat muted outlook for the sector, this is likely a decent move. Income will be enhanced and of course so will diversification. There will still be some upside as well if sector sentiment or conditions improve.