Q: I've never had the stomach to buy U.S. dollars to acquire American stocks, so the other day on BNN's Market Call when Greg Newman talked about CDR's, I was intrigued.
Are there any negatives in owning CDR's? Because right now the positives -- such as being Canadian dollar-hedged, the fact they appear to trade like a one company mutual fund, and not having to buy U.S. dollars -- appear pretty damned attractive. Pete.
Are there any negatives in owning CDR's? Because right now the positives -- such as being Canadian dollar-hedged, the fact they appear to trade like a one company mutual fund, and not having to buy U.S. dollars -- appear pretty damned attractive. Pete.