Q: Hello Peter,
I am wondering if it is best to sell my positions in Lumine Group and Topicus and use the proceeds to beef up my position in Constellation as it seems the subsidiaries are hardly moving and are range bound..Also, can you suggest a few money market funds that i can park my money into.. Much appreciate it
I am wondering if it is best to sell my positions in Lumine Group and Topicus and use the proceeds to beef up my position in Constellation as it seems the subsidiaries are hardly moving and are range bound..Also, can you suggest a few money market funds that i can park my money into.. Much appreciate it
5i Research Answer:
We have posted some similar comments on TOI/LMN today. CSU is doing well, but that does not mean the others have less potential. We would prefer to diversify. The others are smaller and could move with M&A activity. We would be comfortable with Royal Bank or TD Bank money market funds.