Reset Preferred Shares and the BOC

Discuss your favourite picks, broker, and trading or investment style.
Post Reply
Thegipper
Gold Ring
Gold Ring
Posts: 1232
Joined: 14 Mar 2015 16:58

Reset Preferred Shares and the BOC

Post by Thegipper » 28 Dec 2016 18:48

I am inclined to park my taxable funds with a few resets or the BMO ETF. They have been beaten down to very low levels. The Canadian economy doesn't have a great outlook and I am not optimistic about the direction of government policy. So I don' t rule out a rate cut. What happens to the resets if the BOC cuts rates another 1/4 %?

Post Reply