** Edited for yield **
AW.UN pays a decent yield of 5.5%, but it is a small name ($550M market cap). Its shown good growth over the years and we expect it to have good opportunities for franchise growth. It trades at a decent valuation of 17.4X earnings and 2.5X book value. The recent selloff has mostly been in conjunction with its benchmark index (XTR) and the broader Canadian markets. We feel that for an investor with a long time horizon, this is a good name for income. A good entry price is between $33.5 and $34, and a great entry price is below $33.5.