He likes convertible bonds. A company issues it so they don’t have to pay too much yield on the bond by issuing it into the regular market. You get upside potential with a convertible bond. He likes it from time to time but not in a rising rate environment.
First Asset Canadian Convertible Bond ETF is a Canadian stock, trading under the symbol CXF-T on the Toronto Stock Exchange (CXF-CT). It is usually referred to as TSX:CXF or CXF-T
In the last year, there was no coverage of First Asset Canadian Convertible Bond ETF published on Stockchase.
First Asset Canadian Convertible Bond ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for First Asset Canadian Convertible Bond ETF.
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0 stock analysts on Stockchase covered First Asset Canadian Convertible Bond ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-13, First Asset Canadian Convertible Bond ETF (CXF-T) stock closed at a price of $10.22.