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Magellan Aerospace Corporation (MAL $17.95)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY $16.74)
Q: I have some cash in my account and am thinking of adding to MAL and to XHY. Recent news and performance of MAL has been good, but I am concerned about the effect of US rate increases on XHY. My account is well diversified. I would appreciate your comments on both.