Q: Thanks to 5i I have owned SHOP since 60$, it is now 12% of my portfolio, I know you still like the company but would like your thoughts of what it should be trimmed to, the 6-8% range? I did trim back a few years ago but its still in the 12% range.
Thank you
A.
5i Research Answer:
Weightings really need to be personal, and we would get in trouble with regulators if we told a Member exactly what to do. We can say we are quite comfortable with its outlook, and it is a 6%+ position in our model portfolio. Personally, we do not like to see positions rise above 10%, but have been known to break this rule at times.