RE:A down DayCountryBoy69 wrote: I love FTN and am up substantially in the 9 months of owning , but one negative l see , is their allocation % to US Banks. It's far to much , their divs are crop their reputation has never recovered since 2009 and their SP performance is substandard, all different from our Canadian Stalwarts. So how long does Quadravest want to give these underperforming laggards before they reduce their exposure at the expense of the NAV and shareholders. To all intent and purposes their buy and hold rather than acting proactively with the market is dismal and on the Heads of Quadravest and only Quadravest. If Fundamentals and market sentiment change you can always buy back in , it's not that big a deal unless you prefer a do nothing , lazy approach.
If you don't like what FTN is holding and want only CAN banks sell it and buy BK..
I own both and love the juicy monthly dividends.
GL.