outlook for next 3 years.
thanks ralph
RBF613 notes a 3-year annualized return of 31.2%, while the number stands at 28.1% for NXF.B. RBF613 is underperforming so far this year, and only significantly outperformed (less loss) NXF.B in 2020 over the past 3 years. On a five-year basis, RBF614 has outperformed NXF.B. Deciding between the two for the next three years is like a sector call as one offers direct exposure and another adds a covered call strategy for a higher return while capping price appreciation. We like that some of the underlying companies are doing well with their cash flow profiles and are repurchasing shares significantly. Energy is a difficult sector to 'predict'. If the goal is income/distribution, we would be okay choosing NXF.B, and RBF613 for growth potential.