Another way to invest in ACI have 5% of my RRSP filled with AC 2029 bonds .
It's sept 2029 bonds with a 4,62$ coupon. The current price is 94$ for a 5,9 % total return for 5,5 years.
It a secured bond. The security is not the best because they are shared with others securities for a total of 5 B$. But a first rank security is always better than unsecured ones.
The current and increasing strong financial position and the niche of AC as the dominant carrier in Canada give a large comfort for this 5 and a half bond.
A very good investment for a high yield RRSP.