Stock price when the opinion was issued
(Past Top Pick on June 1, 2017, Up 8.5%) Has 10% of his portfolios in emerging markets. There's growth here, dominated by China. EM used to be resource-heavy, but now it's about Asia ex-Japan, headed by strong technology stocks. There's also the emerging middle class in places like India who will consume products. MER 0.26%.
Considers this to be fixed income. It is investment grade preferreds. This is always an overlooked category. 5.5% yield and no withholding tax in an RRSP.