Q: I currently owned IFC and EQB. Would it be better to sell IFC and buy X for the long term, this would be more than 10years?
5i Research Answer:
We like IFC and it is up nicely this year. EQB looks fine and we have comments on it this morning. We think X is also attractive and has good leverage if this market even bottoms out. For a growth-focused investor we would be OK with the proposed plan. If taxes apply on any sales we would be far less interested.