TSX:BPO.PR.A - Post by User
Post by
oilinvestor52on Jul 15, 2024 8:54pm
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Buyer pressure from redemptions
Buyer pressure from redemptionsAnother 3 bank prefs redeeming at month end. ETFs as I understand it have to deploy the capital back into the asset class when they receive capital from redemptions. Shrinking asset class with a constant stream of buying pressure from all the bank redeptions taking place. Makes BPO prefs very attractive.