Post by
mouserman on May 21, 2020 10:59am
MMP.un holding up better than PME
I noted that yesterday MMP.un went down slightly more than PME, but the prior trading sessions it went up by a bigger %.....so there are some differences in the 2 funds. Likley PME has a bigger cash %...
With the close yesterday the NAV at PME was 2.74 and last trade aroudn 2.34 means trading at a 40 cent discount to yesterdays NAV....getting closer to 15% even with the 4 % losses today....
PME still remains a better buy and higher yield than MMP.un
PME at 7.4% and MMP.un at 6.3%... and it is time to hike those here. People are selling off and finding much higher yields elsewhere.
BK for instance , split fund with Quadravest paying well over 12% here.
Comment by
coolslug1 on May 21, 2020 2:43pm
It didn't take you long to start promoting PME on this MMP.UN thread of which you have no shares. Not enough investors over at the PME site, mouseman? Getting lonely over there? You are entitled to your opinion that "PME is a better buy" but you are at the wrong thread. This isn't the PME thread.