Q: These 2 are presently held in an income oriented account. There are some funds to add to one of them. Which would you choose and why? Apart from the yield, do either have much prospect of some capital gain? Many thanks
5i Research Answer:
We like NPI's assets only slightly more than that of CPX. With a slowdown expected in the renewables industry next year, NPI's slowdown is expected to be much smaller than that of CPX. The segment is under pressure after a strong rally in 2021. We expect interest to rotate in as the economic cycle continues and cash flows increase.