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Freehold Royalties Ltd. (FRU $14.75)
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Brookfield Infrastructure Partners L.P. (BIP.UN $46.99)
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Exchange Income Corporation (EIF $87.02)
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First Capital Real Estate Investment Trust (FCR.UN $19.24)
Q: My wife (71 YO) has these stocks in her TFSA as well as $47K cash. What do you think of these holdings? Suggestions on possible purchases? Sell/keep these holdings?
5i Research Answer:
We think these are decent. EIF and BIP.UN are solid income stocks with additional growth potential. FRU can be cyclical but generally fine, and FCR.UN may be a little quiet and low growth, but also decent for income. For a TFSA we might let FCR.UN go in favour of ENB. BAM we think could also be a good conservative addition.