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  5. BNS: Assuming I would like to divide recent funds into 4 companies that I can set up as DRIP’s and leave for 20 years what would you recommend. [Bank of Nova Scotia (The)]
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Q: Assuming I would like to divide recent funds into 4 companies that I can set up as DRIP’s and leave for 20 years what would you recommend. I am diversified otherwise.
Asked by Chris on September 28, 2023
5i Research Answer:

We would be very comfortable with this list, but might swap BNS for SLF to avoid a double-up on banks. Similarly, BN owns 75% of BAM so we might swap BN for TRI (BAM has a much higher yield).