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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
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iShares Convertible Bond Index ETF (CVD)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
Q: I,m 81 so far i managed. pretty well thanks to your Income portfolio, I'm not a fat cat and rely on the income provided.The market tells me to be cautious the stocks I mention constitute 9% of my accounts,I'm willing to increase this percentage as protection to my income I don't expect obvious capital gain,How do you judge the approach,any suggested addition?
Thanks to the Team
Dan
Thanks to the Team
Dan
5i Research Answer:
Of the ETFs listed we would be quite comfortable holding these in the current environment. They are not risk free, and would be vulnerable if inflation and rates rise. However we would expect continued ongoing high income nonetheless. We cannot comment on position sizing but we would be fine buying any of these today. XBB can also be suggested as a general Canadian bond ETF (3.31% yield).
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.