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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD $13.84)
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BMO Covered Call Canadian Banks ETF (ZWB $25.42)
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BMO Covered Call Utilities ETF (ZWU $11.23)
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iShares Convertible Bond Index ETF (CVD $18.30)
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BMO Canadian High Dividend Covered Call ETF (ZWC $21.07)
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Mackenzie Floating Rate Income ETF (MFT $15.85)
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Harvest Tech Achievers Growth & Income ETF (HTA $19.22)
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Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC $10.89)
Q: Hello 5i team,
In several recent reports you recommended selling the full position in CPD, noting “better opportunities.” I also noticed that CVD and MFT were removed from your model portfolios earlier.
Given this shift away from preferred-share ETFs, do you think a combination of ZWU, ENCC, ZWB, and HTA would serve as a reasonably balanced substitute for a moderate‑risk, slightly income‑oriented allocation? Or would you suggest broader diversification?
Thank you for your insights!
In several recent reports you recommended selling the full position in CPD, noting “better opportunities.” I also noticed that CVD and MFT were removed from your model portfolios earlier.
Given this shift away from preferred-share ETFs, do you think a combination of ZWU, ENCC, ZWB, and HTA would serve as a reasonably balanced substitute for a moderate‑risk, slightly income‑oriented allocation? Or would you suggest broader diversification?
Thank you for your insights!