The markets have closed and the September 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 September edition will contain an appendix discussing tax effects on FixedReset issues, many of which are trading at a high premium to par.
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 September 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 September issue.