Q: Having held FTS approx. 10 years I have enjoyed the total return. Now looking (in a well diversified RIF) at taking the gains and redeploying into CNR for some yield but predominantly capital gain over the next 3 to 5 years to bolster portfolio size due to increasing req. withdrawals (also own TFI and looking for similar upside on this). Thoughts?
5i Research Answer:
While we continue to like FTS, we do think both TFII and CNR have more potential upside over the next several years, even moreso if the economy improves. For investors shifting to a preference for gains over income, we would be fine with such a move.