Randy LeClair Royal Bank of Canada (Pref -Y) RY.PR.Y-T PAST TOP PICK Aug 03, 2010

(Top Pick Jul 10/09, 6.1% Total Return) There was a roller coaster dip in April and May. He trimmed it back a bit.

Randy LeClair

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$27.560

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TOP PICK

Recently issued reset preferred shares. 6.1% coupon but price has risen to about $27.50 so overall yield is at 5.52%. Better than the bond.

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Randy LeClair Royal Bank of Canada (Pref -Y) RY.PR.Y-T PAST TOP PICK Aug 03, 2010

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Royal Bank of Canada (Pref -Y)(RY.PR.Y-T)

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