-
Algonquin Power & Utilities Corp. (AQN)
-
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
Q: Hello
I m am reviewing my respective sector allocation per the PA portfolio recommendations.
Can 5i elaborate why AQN and BEPC are classified as Energy Sector positions while BIPC is classified as a Utility ?
I m am reviewing my respective sector allocation per the PA portfolio recommendations.
Can 5i elaborate why AQN and BEPC are classified as Energy Sector positions while BIPC is classified as a Utility ?
5i Research Answer:
Our data is pulled from a third party, which uses the same classifications as the TSX. There are two general sector classification systems. These are reviewed on an occasional basis, but we do think AQN and BEPC are very 'utility like' and could be re-classified as utilities.