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Canadian Western Bank 5-Year Rate Reset First Preferred Shares Series 7 (CWB.PR.C $24.99)
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Brookfield Office Properties Inc. Class AAA Preference Shares Series AA (BPO.PR.A $17.87)
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Brookfield Office Properties Inc. Class AAA Preference Shares Series P (BPO.PR.P $16.67)
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Pembina Pipeline Corporation Cumulative Redeemable Rate Reset Class A Preferred Shares Series 1 (PPL.PR.A $24.97)
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Element Fleet Management Corp. 6.40% Cumulative 5-Year Rate Reset Preferred Shares Series E (EFN.PR.E $24.99)
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Element Fleet Management Corp. 5.75% Cumulative 5-Year Minimum Rate Reset Preferred Shares Series I (EFN.PR.I $24.99)
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Enbridge Inc. cumulative redeemable preference shares series F (ENB.PR.F $22.05)
Q: I have accounts with Wood Gundy and Investors Edge, so consequently had a mishmash of preferred share holdings. In an effort to build a better yielding, laddered, preferred share portion of my portfolio, I sold all current preferred positions and am planning a ladder with the above noted shares in a non-registered account. These will constitute about 20% of my total portfolio. Do you have any concerns with the choices, or rate resets in general ? I rate resets have not performed well, but the yields are quite attractive.
