Preferred securities are issues that are similar to preferred shares in most respects – except that they pay interest rather than dividends. While conditions for issuance of these shares are no longer as favourable as during their vogue, a number of issues still exist and may be of interest to RRSP investors. I’ve written an introduction to this type of preferred share:
Look for the Research Link!
The current portfolio evaluation for the draft Interest-Bearing index is here.