Q: Hi, Is there any holdings in your Income Model Portfolio that you would not take a position in at this time?
Thank you
H
Thank you
H
5i Research Answer:
While we are comfortable with all names in the income model portfolio, there are a couple of names that we currently have less confidence in than others, just given the current macro landscape, or names that are more interest-rate sensitive. Names that we have less confidence in currently include: PLC (high debt loads), AW.UN (mostly due to its negative momentum and some concerns regarding its pace of growth and macro pressures), and PKI (only due to weaker recent results and negative momentum).
Overall, we would be comfortable holding the above names as part of a long-term holding, but currently these names are showing some weakness, and other names in the income model portfolio have better current set ups.