Q: My broker has recommended to sell BHY.un The fund allows an Annual Redemption Privledge at Nav.once a year In May NAV was $ 7.67 It is currently trading at $ 7.33

He said it was also loosing dividend tax credit status next year and all payouts will be classed as income

I bought this fund at $ 8.83 Could you give me your opinion on whether it is better to sell this fund

Thanks for the great service
Paul

Q: In May you gave an opinion on this fund and mentioned currency could be an issue. I assume that means they invest outside of Canada. Do you know how exposed they are to UK and Europe? Given Brexit is this considered a risky stock? I like the yield but reasonable safety of capital is important too. Thank you for your opinion.
M

Q: I was looking at BHY.un for income. Do you think the dividend is safe, and how does it rank for an income play?

best
Linda