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Co-operators General Insurance Company Non-Cumulative Redeemable Class E Preference Shares Series C (CCS.PR.C $23.50)
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CU Inc. Cumulative Redeemable Preferred Shares Series 1 (CIU.PR.A $20.78)
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Global X Laddered Canadian Preferred Share Index Corporate Class ETF (HLPR $36.24)
Q: I currently have 70% of my portfolio in PSA at Y2.37--safe but low return--on standby watching world turmoil
Thinking of preffereds and Stock Chase recommended the above ---more risk but better return
How would you rate each one or is their something else I should consider?
Thanks---Peter
Thinking of preffereds and Stock Chase recommended the above ---more risk but better return
How would you rate each one or is their something else I should consider?
Thanks---Peter
5i Research Answer:
CIU is issued by a subsidiary of CU and we would consider this a solid and safe preferred shaees. SLF we would consider very secure, better than CIU overall. BMO is fine as well. CCS is 'decent' but as Co-operators is private by default we would consider it higher risk as we do not have full financials. HLPR as an ETF has exposure to multiple issuers and this reduces overall risks.