Q: Hi Peter and Staff
I currently have 9% of my portfolio in O&G (excluding pipelines) and only 1% in materials (NTR)
-would you suggest I drop my O&G a bit to add a miner ?
-if so would you suggest FCX , TECK.B for a long term hold or another name?
Thanks for all you do
Dennis
I currently have 9% of my portfolio in O&G (excluding pipelines) and only 1% in materials (NTR)
-would you suggest I drop my O&G a bit to add a miner ?
-if so would you suggest FCX , TECK.B for a long term hold or another name?
Thanks for all you do
Dennis
5i Research Answer:
We cannot provide personal sector weightings but do believe in diversification. We would also be comfortable adding to materials today, with the prospects of lower rates. We like both FCX and TECK, but would lean to FCX today of the two. LUN and CS also look good for copper. NTR for fertilzer exposure. For reference, the TSX is at 12.5% materials today.