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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: I just heard about AQNU. I gather that the yield is 7.87% until June 15, 2024 when a contract to purchase AQN stock is exercised according to a preset formula. What exactly is AQNU - a hybrid? Can this type of instrument be held in an RRSP?

If I'd like to end up with some AQN eventually, why wouldn't I buy AQNU now, get the 7.87% yield, and then on June 15, 2024 receive AQN stock?
Thank you for all your insightful answers over the years - I've learned so much!
Read Answer Asked by Elaine on April 18, 2022
Q: All the renewable stocks other than BEP.UN are getting beaten up today. Any news that I missed. Could it be Tax loss selling since the sector is one of the few that has done poorly this year?
Read Answer Asked by Albert on December 14, 2021
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