Q: My wife's non-registered Canadian stock fund is invested conservatively, primarily for income. However RY now exceeds 16% of the assets. I know this far exceeds your recommended level for any one holding, but selling some shares will generate very substantial capital gains. What is your advice in this situation? Thank you.
5i Research Answer:
Assuming the stock doesn't decline, the capital gains are not avoidable, only the timing of them...