Q: Philip Aug 16 might want to check out ECN.pr.A
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: CPD Normally price of prefs will go down when rates go up. The lower price increasing the rate of return to compete in the market.
I’ve been trying to get my head around the newer minimum rate reset prefs. What would be the effect on such prefs of rising and/lower interest rates.
For example let’s say the current 5 yr bond is1.75%,
What would be the effect of the rate at reset if the rate is 2% vs say 1,50%
Use ECN.PR.A for your explanation.
Correct my assumptions if I’m wrong.
Thank you,
Roy
I’ve been trying to get my head around the newer minimum rate reset prefs. What would be the effect on such prefs of rising and/lower interest rates.
For example let’s say the current 5 yr bond is1.75%,
What would be the effect of the rate at reset if the rate is 2% vs say 1,50%
Use ECN.PR.A for your explanation.
Correct my assumptions if I’m wrong.
Thank you,
Roy
Q: Could you recommend one or two rate reset preferreds that are significantly "underwater" but whose company prospects are reasonably good. As an example CPX.PR.E traded at $13 a couple of years ago and is now north of $23.
Thanks.
Philip
Thanks.
Philip
Q: Additional info you requested about ENBA. Enbridge inc.6.375% fixed to floating rate sub NTS 04/15/2078. Ser2018B. Your thoughts please with regard to it being an appropriate investment for my RRSP. Thanks for your input. What are the advantages and risks?
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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
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BMO Laddered Preferred Share Index ETF (ZPR)
Q: Can you recommend a preferred share ETF that has rate reset preferred shares. And what percentage of a portfolio should it be?
Q: What is your view on Evolve Active CDN Pref Share ETF for an income investor?
Q: I own Constellation's debentures,with the drop in stock price do you think it would be a good idea to fill out my position with the shares.
I own Capstone Infrastructure preferred shares,and have done quite well owning them. Do you have any concerns about this preferred going forward?
I own Capstone Infrastructure preferred shares,and have done quite well owning them. Do you have any concerns about this preferred going forward?
Q: Good morning,
I am looking to establish some additional convertible debenture positions( I currently own an Exchange Income cv debenture) and would appreciate your feedback/suggestions , with a goal of 4.5 - 5% yield in companies with healthy balance sheets and a high probability of being able to service the debt and repay principal.
Thank you
I am looking to establish some additional convertible debenture positions( I currently own an Exchange Income cv debenture) and would appreciate your feedback/suggestions , with a goal of 4.5 - 5% yield in companies with healthy balance sheets and a high probability of being able to service the debt and repay principal.
Thank you
Q: What are your thoughts about the convert that Canaccord Genuity is releasing?
Q: We have 1000 shares at issue price of $25. Thoughts on selling these here or holding?
Thanks.
Ted
Thanks.
Ted
Q: Why did the AIM preferreds go up in such a disproportionate way? Thank you.
Q: Hello 5i team,
I'm thinking in investing in Preferred shares; to that end and for starters, I examined the CPD chart from 2008 to date.
I noticed that the share value dropped by 25% in the 2008-09 recession; I can understand that. But it also dropped by 25% in 2015; could you please enlighten me as to why?
Could you please explain the pros & cons of investing in a preferred ETF versus in particular preferred shares?
Thanks,
Antoine
I'm thinking in investing in Preferred shares; to that end and for starters, I examined the CPD chart from 2008 to date.
I noticed that the share value dropped by 25% in the 2008-09 recession; I can understand that. But it also dropped by 25% in 2015; could you please enlighten me as to why?
Could you please explain the pros & cons of investing in a preferred ETF versus in particular preferred shares?
Thanks,
Antoine
Q: Re William James question July 16. What was he referring to re delisting
Q: I hold preferred shares ECN.PR,A, down 10%. Should I look at selling them due to the delisting?
Q: Given that interest rates are projected to rise over the next while, would it make sense to shift some preferred shares to rate reset rather than perpetual? [I own some of both.]. If so, can you recommend any ?
Thanks
Thanks
Q: I am looking for safe, dividend paying Canadian preferred shares investments . Which ones would you be recommending at this time and why?
Thanks again for all you do.
Paul
Thanks again for all you do.
Paul
Q: Could you recommend five reset preferred shares.
Q: The Colabor 6% debenture, GCL.DB.A , maturing in Oct 2021, is currently trading at 75% of par. The yield to maturity is approx 18%.
In order to benefit from this excellent YTM, the company “merely” has to stay solvent for the next 3-1/2 years.
Obviously there is risk here, but do you think that the chance of GCL’s survival until then is reasonable?
In order to benefit from this excellent YTM, the company “merely” has to stay solvent for the next 3-1/2 years.
Obviously there is risk here, but do you think that the chance of GCL’s survival until then is reasonable?
Q: I am more or less break-even on the above preferred shares. Should I sell them and buy CPD instead? Does it make sense? Or just stay put. Thanks for any suggestion/insight.
Q: where can I find info on whether a preferred is rate reset or not? my discount broker cannot seem to offer help in this regard