RE:Class A NAV 3.97Having trouble understanding why this port nav is so low. I picked up more in 3.50s. But I look at the holdings, financials 26% - except for a few banks like bns and insurance, they're pretty close to febraury levels. . the global div etf is less than 10% under its all feb high,
it's about 10% and 7% retail and consumer. those are the only that still have catching up to do. no airlines or hotels, a bit of REIT.
Scratching my head price was 5.50-6 in early 2020. so mkt price is 40% lower thant that today now at 3.59. of course nav is 4, and it might have been at a premium then lets say nav 5.25 then, that's still about 24% lower now NAV, but i can't see how the portfolio could be still 24% down. Also they have covered calls going on, should be making profit as prices increase. COMMENTS?
holdings
| Brompton Global Dividend Growth ETF | 11.8% | 11.8% |
| Canadian Pacific Railway Ltd | 6.5% | 6.5% |
| National Bank of Canada | 4.8% | 4.9% |
| Brookfield Infrastructure Partners L.P. | 4.6% | 4.6% |
| Sun Life Financial Inc. | 4.6% | 4.6% |
| Canadian National Railway Co. | 4.5% | 4.5% |
| TC Energy Corp | 4.2% | 4.2% |
| Canadian Imperial Bank of Commerce | 4.2% | 4.2% |
| Royal Bank of Canada | 4.2% | 4.2% |
| Loblaw Companies Ltd. | 3.4% | 3.4% |
| Granite Real Estate Investment Trust | 3.3% | 3.3% |
| Enbridge Inc | 3.2% | 3.2% |
| Wheaton Precious Metals Corp. | 2.7% | 2.8% |
| Agnico Eagles Mines Ltd. | 2.4% | 2.4% |
| Restaurant Brands International Inc. | 2.4% | 2.4% |
| Telus Corp | 2.3% | 2.3% |
| Thomson Reuters Corp. | 2.3% | 2.3% |
| BCE Inc. | 2.2% | 2.2% |
| Manulife Financial Corp. | 2.2% | 2.2% |