My old buddy Bing Li is now the proud co-author of a book, Multi-Asset Investing: A Practitioner’s Framework: Despite the accepted fact that a substantial part of the risk and return of any portfolio comes …
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March 24, 2016
It’s nice to see University of Toronto as a major partner in a new advance in energy storage: Now, a group of researchers led by Professor Ted Sargent at the University of Toronto’s Faculty of …
TA.PR.D: Convert or Hold?
It will be recalled that TA.PR.D will reset to 2.709% effective March 31. Holders of TA.PR.D have the option to convert to FloatingResets, which will pay 3-month bills plus 203bp on the par value of …
RON.PR.A: Convert or Hold?
It will be recalled that RON.PR.A will reset to 3.324% effective March 31. It will also be recalled that Lowe’s is offering $20/share for RON.PR.A under a Plan of Arrangement. This post will deal only …
BCE.PR.M: Convert or Hold?
It will be recalled that BCE.PR.M will reset to 2.764% effective March 31. Holders of BCE.PR.M have the option to convert to FloatingResets, which will pay 3-month bills plus 209bp on the par value of …
FN.PR.A: Convert or Hold?
It will be recalled that FN.PR.A will reset to 2.79% effective April 1. Holders of FN.PR.A have the option to convert to FloatingResets, which will pay 3-month bills plus 207bp on the par value of …
GMP.PR.B: Convert or Hold?
It will be recalled that GMP.PR.B will reset to 3.611% effective March 31. Holders of GMP.PR.B have the option to convert to FloatingResets, which will pay 3-month bills plus 289bp on the par value of …
HSE.PR.A: Convert or Hold?
It will be recalled that HSE.PR.A will reset to 2.404% effective March 31. Holders of HSE.PR.A have the option to convert to FloatingResets, which will pay 3-month bills plus 173bp on the par value of …
MAPF Performance: January & February, 2016
The fund underperformed the indices in January due to its heavy weighting in FixedResets, particularly low-spread issues, which performed very poorly. A rebound in February allowed some of the poor relative performance to be recovered. …
FN.PR.A To Reset At 2.79%
First National Financial Corporation has announced (although not yet on their website): the applicable dividend rates for its cumulative 5-year rate reset Class A Preference Shares, Series 1 (“Series 1 Preference Shares”) and cumulative floating …