The markets have closed and the June 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 June edition will contain two short appendicies: one discussing changes in DeemedRetratctible analysis due to the Canadian Imperial Bank of Commerce’s recent announcement that it was seeking NVCC status for three of its issues; and another discussing Yellow Media and the recent cataclysm that has befallen its preferred shares.
Those taking an annual subscription to PrefLetter receive a discount on viewing of my seminars.
PrefLetter is now available to all residents of Canada.
The June 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 May issue.