Q: In my portfolio I have 15% in preferreds, thats my fixed income, 8% of that is in Great West Life GWO-R, Fortis-J, Power Financial-S,all of which are straight perpetuals. The other 7% is in CPD,Claymore Preferred. I paid $25.00 for each of these Preferreds, so am down on each one, they pay a dividend of 4.7%.
With the news of interest rates about to rise, should I sell these? Thank you and cheers to Peter!
With the news of interest rates about to rise, should I sell these? Thank you and cheers to Peter!