Q: Good morning,
With interest rates currently at very low levels with no sign of going up in a significant manner anytime soon, does a preferred share type ETF or actively managed fund holding mostly reset type preferred have a place in most portfolios. If so, what are your thoughts on PIC.PR.D at this time and can you recommend something else that would be more preferable in this asset class? Thank you
With interest rates currently at very low levels with no sign of going up in a significant manner anytime soon, does a preferred share type ETF or actively managed fund holding mostly reset type preferred have a place in most portfolios. If so, what are your thoughts on PIC.PR.D at this time and can you recommend something else that would be more preferable in this asset class? Thank you