RE:RE:RE:Follow-up to PIC.PR.A treasury sale of units History repeatsI'm back in this split shares fund since January with a mean price of about $7.60, before the NAV slide below $7. But anyway we aren't in 2017 yet.
The dividend is fairly OK to me, and it deserved well in 2014 too, but I will keep an eye on their cash flow over the next quarters.
Out of that I like it for the case that I'm not interested to buy directly any Canadian bank, so this fund is a good opportunity to have some exposure to them.
At >=10% of dividend there are certainly only a very few investment options out there that doesn't bring a truckload of risk with it.
Talking about comments, jimmyvee was right about the dip of the NAV and had a far better analysis than I could ever say.