Q: In my investment portfolio I own preferred shares, bought for safety and peace of mind in my investments. The preferred shares are from good stocks such as bce, banks, brookfield. The preferred shares make up about 10% of my portfolio. All these pref shrs are down quite significantly right now. Am I correct in my understanding that on the five year maturity these shares can be redeemed for $25. If this is right, would it be a good investment to buy more of these pref shrs right now while they are down in value and make more capital gain?
Thank you for your help
Thank you for your help