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Brookfield Renewable Partners L.P. (BEP.UN $47.26)
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Brookfield Infrastructure Partners L.P. (BIP.UN $50.43)
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Brookfield Corporation Class A Limited Voting Shares (BN $63.45)
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Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $66.70)
Q: I wish to reduce my number of holdings in my portfolio. Feeling what I have has some overlapping. Which ones of my list would you recommend to keep? I do plan to hold the rest for growth and stability for more than 5 years.
BN, BAM,BIP.UN, BIP-C, BEP.UN, BEP-C
Many thanks,
BN, BAM,BIP.UN, BIP-C, BEP.UN, BEP-C
Many thanks,
5i Research Answer:
While each investor has unique risk preferences, this group has significant overlap - BN is the parent that owns large stakes in BAM, BIP and BEP, so holding all six means layered exposure to the same underlying assets. We would keep BN and BAM.