Q: In my RRSP, I own 101k of MD Stable Income Fund. They call it a seggregated annuity. In the last 3 months I got drips between 185-225$ which works out to 1.8% to 2.2%. The MER is 0.85%. I'm trying to decide if I should sell and put the proceeds in ZCS and CLF to get more yield, but, this fund seems to garantee capital, plus, holds commercial mortgages which adds diversity to my portfolio. Do you have any thoughts on this?
Here is information about this fund:
https://mdm.ca/wealth-management/investments/md-funds/md-stable-income-fund.asp
Here is information about this fund:
https://mdm.ca/wealth-management/investments/md-funds/md-stable-income-fund.asp