Q: What role can a Preferred Share ETF play in an income portfolio? With the current values of the bank stocks would it be reasonable to move some of the bank monies into a Preferred Share ETF to take advantage of the higher payout? If so which ETF would you recommend?
5i Research Answer:
Preferreds often get a bad rap but they can provide more stability and more safety to a...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in CPD.