The markets have closed and the March edition of PrefLetter is now being prepared.
PrefLetter is the monthly newsletter recommending individual issues of preferred shares to subscribers. There is at least one recommendation from every major type of preferred share with investment-grade constituents. The recommendations are taylored for “buy-and-hold” investors.
The March edition will contain an appendix discussing the Interest-Equivalency Factor, Tax Effects on FixedReset Premium issues, with a discussion of the odd case of BAM.PR.R thrown in.
Those taking an annual subscription to PrefLetter receive a discount on viewing of my seminars.
PrefLetter is available to residents of Ontario, Alberta, British Columbia and Manitoba as well as Quebec residents registered with their securities commission.
The March issue will be eMailed to clients and available for single-issue purchase with immediate delivery prior to the opening bell on Monday. I will write another post when the new issue has been uploaded to the server … so watch this space carefully if you intend to order “Next Issue” or “Previous Issue”! Until then, the “Next Issue” is the March issue.