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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
Q: Good Monday Morning to all at 5i!
I have both of there ETFs and have had them for a while. They are both underwater and I was wondering about their future prospects since interest rates are falling. Do they have a chance of seeing an upside???
Cheers,
Tamara
I have both of there ETFs and have had them for a while. They are both underwater and I was wondering about their future prospects since interest rates are falling. Do they have a chance of seeing an upside???
Cheers,
Tamara
5i Research Answer:
We certainly think there is some upside for both. For XHY, the US has just started cutting rates...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in CPD, XHY.