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  5. EIT.UN: Here is a challenge for investors to beat financing charges. [Canoe EIT Income Fund]

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Q: Here is a challenge for investors to beat financing charges. The financing is 2.4% for 36 months and I need better than 2.6% to pay taxes on unregistered account. With a ladder of tbills, bonds and strips one can obtain 3.1% with very little risk. If one could live with a bit more risk ( say possibility -5% over the term) are there any other options such as a low volatility income fund or preferred shares?
Asked by Steven on January 16, 2025
5i Research Answer:
A preferred fund such as CPD yields 5.16% and we think could work. There are enhanced covered...
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