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Canadian Natural Resources Limited (CNQ $41.23)
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Power Corporation of Canada Subordinate Voting Shares (POW $57.42)
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Keyera Corp. (KEY $44.07)
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Capital Power Corporation (CPX $60.05)
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Freehold Royalties Ltd. (FRU $13.34)
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Agnico Eagle Mines Limited (AEM $184.35)
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Exchange Income Corporation (EIF $72.87)
Q: A lot of market commentators are observing that there is potentially a correction ahead. Ordinarily I would follow your long standing thought to not try to time the market and I would simply stay the course. But one income oriented account I am concerned with has a priority of capital preservation. These 7 named stocks make up about 1/2 of the holdings. Can you please provide your quick assessment whether they are reasonably safe in the event of a downturn. If not and they are more exposed to a decline, would trimming be sufficient or are there some other names to migrate to protect the account assets?
Many thanks for your excellent service
Many thanks for your excellent service