Q: Hi, is buying BN necessary if I'm already invested in Brookfield's BEP, BIP, and BAM? Appreciate your insight. Thank you.
5i Research Answer:
BN is the 'parent' company, and owns interests in all of the securities mentioned. We do like it and consider it one of the best stocks in Canada. Owning the three noted will provide higher income and somewhat similar exposure. But BN will prove the 'private equity' component of its businesses that the others have less of. We would be OK owning all of these, but would be cognizant of total exposure to the group.