Q: BIP.un Series 7 rate reset -January 19th question.
What is the ticker for this, as there are "thousands" of Brookfield issues?
Thanks
What is the ticker for this, as there are "thousands" of Brookfield issues?
Thanks
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Good morning,
I see a new issue Brookfield minimum rate reset preferred Series 7. Acceptable? or just stay with CPD? Thanks for your service.
Ted
I see a new issue Brookfield minimum rate reset preferred Series 7. Acceptable? or just stay with CPD? Thanks for your service.
Ted
Q: A new round of rate reset preferreds supposedly will be hitting the market sometime in the next few months. Thoughts please on picking up some in our cash account. We currently have about 15% of our total portfolio in preferreds (POW,TD, ALA, AIMIA, GEI, & CPX) We are conservative investors in retirement without the need for income.
Thanks,
Ted
Thanks,
Ted
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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
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BMO Laddered Preferred Share Index ETF (ZPR)
Q: Hi 5i team, which of the above preferred ETF's would you recommend right now primarily for income and some price appreciation. Which one has the most to gain from increasing interest rates.
Thanks
Thanks
Q: I was looking to take a position in BB, but I noticed that they have a convertible debenture paying 3.5% and convertible until 2020 at a price of $ 10, I think that this might be a better way to play it, what do you think?.I notice that there is nothing on the ask side, why is that, is it that thinly traded.
Thanks
Thanks
Q: RY.PR.R - I am up on this reset pref and the first YTC is now ~3.3%.
Do you have any sense of whether it will be called or reset.
If it is reset I am happy to hold, otherwise I would move on to a higher yield.
Do you have any sense of whether it will be called or reset.
If it is reset I am happy to hold, otherwise I would move on to a higher yield.
Q: Good Morning
Can you please elaborate as to hoW the merger announced yesterday will affect the following preferred shares:
ALA.PR.U in US Funds
ALA.PR.I
Thank you
Terry
Can you please elaborate as to hoW the merger announced yesterday will affect the following preferred shares:
ALA.PR.U in US Funds
ALA.PR.I
Thank you
Terry
Q: Hello 5i team,
What would be a good Canadian preferred shares ETF with a decent dividend?
Thanks,
Andrew
What would be a good Canadian preferred shares ETF with a decent dividend?
Thanks,
Andrew
Q: Thoughts on this preferred that we have a 1+% position in as I am thinking of adding to it a % or 2. Any others as a better bet?
Thanks,
Ted
Thanks,
Ted
Q: What is the influence of rate reset dates on Canaccord preferreds? It seems series A has been reset already, but still has a reasonable yield. What is the future of series C? Thank you.
Q: To add to your response to Carl's question "why would anyone ever buy pref shares" - Hymas Investment Counsel specializes in Pref Shares and has a number of publications available on their website including "Why Invest in Preferred Shares" and "Security of Income versus Secrity of Principal". These might be helpful. www.himivest.com.
Q: Income investments - preferred shares
On Jan 4, you posted an answer for an income investor, expressing approval of ZPR (BMO Laddered Preferred Share Index ETF). I am somewhat cynical about preferred shares, their being subject to the interest rate sensitivity of bonds, lacking the upside of common stock and generally lacking a fixed redemption date or any other assurance of capital preservation. I wonder whether, even on a reset date, they would necessarily trade at their face value. If I am right, I can't understand in what circumstances they would be suitable (without fixed redemption or as an interest-rate play with a high coupon). What am I missing?
On Jan 4, you posted an answer for an income investor, expressing approval of ZPR (BMO Laddered Preferred Share Index ETF). I am somewhat cynical about preferred shares, their being subject to the interest rate sensitivity of bonds, lacking the upside of common stock and generally lacking a fixed redemption date or any other assurance of capital preservation. I wonder whether, even on a reset date, they would necessarily trade at their face value. If I am right, I can't understand in what circumstances they would be suitable (without fixed redemption or as an interest-rate play with a high coupon). What am I missing?
Q: Regarding your answer provided to Carla today on CVD and CPD, I understand your comments on CVD, but I am still not clear on how rising interest rates can impact CPD. How do rising interest rates affect a preferred share ETF such as CPD? Should I be cautious about buying at this time? Thanks for all the awesome info you provide.
Q: Hello,
Are the distributions for CPD and CVD considered dividend or income? Which would be better in a TFSA and which would be better in a non-registered? My understanding is that both of these ETFs should do well in a rising interest rate environment.
Best,
Carla
Are the distributions for CPD and CVD considered dividend or income? Which would be better in a TFSA and which would be better in a non-registered? My understanding is that both of these ETFs should do well in a rising interest rate environment.
Best,
Carla
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iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO)
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iShares Core Canadian Universe Bond Index ETF (XBB)
Q: For a person with no bond or preferred share exposure. What would be your top 3 or 4 holdings to add at this time? Keep up the good work, you guys do a great job.
Q: Do you think this stock will benefit in the possibility of a rising interest rate environment I currently own a full position thanks
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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
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BMO Laddered Preferred Share Index ETF (ZPR)
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Global X Active Preferred Share ETF (HPR)
Q: I wish all 5i staff and they families Season's Greetings' I hope 2017 sees our portfolios grow ever healthier.
I want to gradually add some preferred shares to my portfolio, partly in lieu of some fixed income. In looking at potential candidates, I am attracted to the above three ETFs, particularly ZPR with its laddered feature. Do you have any thoughts? Are all distributions of such ETFs taxed as dividends? Thanks, Bill
I want to gradually add some preferred shares to my portfolio, partly in lieu of some fixed income. In looking at potential candidates, I am attracted to the above three ETFs, particularly ZPR with its laddered feature. Do you have any thoughts? Are all distributions of such ETFs taxed as dividends? Thanks, Bill
Q: Can you tell me the ticker symbol for the preferred shares issued by TD in August of this year. It has a very good dividend and the renewal terms are I believe much better than than other resets.
Q: TA.PR.J - are the new terms applicable to this series and if so, what exactly are the new terms?
Thanks
Thanks
Q: Fund managed by J. Zechner & Assoc. - looking for a comment on the timing/safety of purchasing some units along with coupon rate reliability. Thanks