Q: Could you please give me your outlook on this company
Have held it in a TFSA for years is it worth keeping. Suggestions?
Thank you
Have held it in a TFSA for years is it worth keeping. Suggestions?
Thank you
5i Research Answer:
BGI is a closed-end global infrastructure fund. Performance can be volatile, with a loss of 7.6% in 2023, 13.8% in 2022, 16.8% in 2020 and 7.2% in 2018. But, it rose 39.7% in 2024 and 71.85% last year. 5-year annualized is 16.68% and we can live with that solid performance. We think the outlook for the sector is fine, and we quite like its list of current holdings. If one can handle the volatility, we think it is worth keeping today.