Q: Your opinion, please.
5i Research Answer:
Assets are $80M; fees are on the high side at 0.97%. Yield is 5.82%. The US version is a very thin trader. 5 year annualized is 12.17%, one year 6.34%. Assets are 77% US and the balance Canada. We have no issues with its set up nor securities holdings. However, it owns the usual large cap financials, and we do not really see anything 'special' here. But if an investor wants general North American financial exposure it suits the bill. It is diversified with 23 holdings.