Q: I recently sold Eagle Energy (EGL.UN) with its recent strength, at a small loss. I am looking at replacing it with Argent (AET.UN), another cross-border energy trust with a similar yield. This would represent about 1.5% of my total portfolio. How would you rate Argent relative to the other cross-border trusts, and do you have any opinion on the cross-border concept in general?
Also, I keep thinking that the REIT sell off should be at its end, with some good quality names yielding over 7%. The market continues to say otherwise. Any comment?
Thank-you
Also, I keep thinking that the REIT sell off should be at its end, with some good quality names yielding over 7%. The market continues to say otherwise. Any comment?
Thank-you