First Asset Canadian Convertible Bond Fund Class A (FAF5700)

First Asset Canadian Convertible Bond Fund Class A (FAF5700)
- Cap: $22M
- View FAF5700 Profile
- View Questions on FAF5700

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PIMCO Monthly Income Fund (Canada) (PMIF $17.96)
- $17.96 Fwd P/E: 11.55X Cap: $2.33B
- View PMIF Profile
- View Questions on PMIF
First Asset Canadian Convertible Bond Fund Class A (FAF5700)
- Cap: $22M
- View FAF5700 Profile
- View Questions on FAF5700

Q: I currently own both these mutual fund and trying to own less stocks and mutual funds and would like to know if both of these need to be owned? I currently have a 6% weight in PMIF and only a 2.3 % weight in FAD5700 and thinking of selling FAD5700 and adding to PMIF, or should I sell both and invest all in a different ETF that recommended in my PA?

Thanks

Read Answer Asked on June 13, 2019