Q: hello 5I:
I'm looking to add a rate reset preferred to my RRIF, and am considering BIK.PR.A. The possibility of the preferred being called seems like a low risk idea. Could you give me some other options in this area, using only preferreds that you find attractive?
thanks
Paul L
I'm looking to add a rate reset preferred to my RRIF, and am considering BIK.PR.A. The possibility of the preferred being called seems like a low risk idea. Could you give me some other options in this area, using only preferreds that you find attractive?
thanks
Paul L
5i Research Answer:
From a credit perspective, we like BIK and think it would be fine for preferred share exposure. We would also be comfortable with TD.PR.K, TD.PR.B, BRF.PR.C, FTS.PR.M, BCE.PR.K