Les Affaires Plus - The risk of preferred shares
In its Summer 2017 edition, the Les Affaires Plus magazine published an article (in French only) entitled "Le risque des actions privilégiées" on page 31. This article by Ian Gascon, president of Idema Investments, explains the different risks of canadian preferred shares. It also highlights the fact that all preferred shared shares do not react in the same way to a given change in interest rates and that it is also important to diversify a portfolio in several asset classes and even though preferred shares can offer interesting tax benefits.
About Idema Investments
Idema Investments is a portfolio manager that offers the first online investment solution that gives independent, personalized and low cost investment advice, also known as a "robo-advisor". A long term oriented systematic approach combined with the use of Exchange traded funds (ETFs) allows us to offer portfolios tailored to the needs of both do-it-yourself investors and investors looking for a managed portfolio solution. Follow our ETF blog on lesaffaires.com