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PAST TOP PICK
PAST TOP PICK
December 17, 2008
(A Top Pick Dec 28/07. Down 5%.) GMAC Canada 5.10% maturing April 30,2009. Much better shape than GM US. Thinks he will get paid at maturity.
General Market Comment
December 17, 2008
(A Top Pick Dec 28/07. Down 5%.) GMAC Canada 5.10% maturing April 30,2009. Much better shape than GM US. Thinks he will get paid at maturity.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
PAST TOP PICK
PAST TOP PICK
December 17, 2008
(A Top Pick Dec 28/07. No change.) National Bank 4.70% maturing Nov 2/2020. Well-capitalized bank.
General Market Comment
December 17, 2008
(A Top Pick Dec 28/07. No change.) National Bank 4.70% maturing Nov 2/2020. Well-capitalized bank.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
BUY
BUY
December 17, 2008
(Market Call Minute.) Ontario 10-Year bond and the spreads you are given to own provincials are advantageous.
General Market Comment
December 17, 2008
(Market Call Minute.) Ontario 10-Year bond and the spreads you are given to own provincials are advantageous.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management