Re-visiting Canadian preferred shares | Value Investing News

Re-visiting Canadian preferred shares

  • Back on June 24, 2019 I put a notification out that Canadian preferred shares were looking interesting, but really flubbed with the timing.
  • At the time 5-year government bond yields were 20 basis points less than today.
  • Sadly my sense of market timing let me down and I was only able to procure a 1% position in a rock-solid issuer’s preferred shares.
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