Post by
mouserman on Sep 26, 2024 11:29am
DF unit nav in realtime @ $16.37
Now showing a gain of 21 cents since the mid month udpate... very stong upside sentiment today.
Many of these split fund commons still trading at a discount, despite having well over a $ of safety above the threshhold for paying... THIS IS NOT historically how these products are valued.
Very strange times.... globally , not just in the North American markets.
Comment by
Higherhopes2020 on Sep 26, 2024 11:35am
Yes, when interest rates were higer they were trading at premium. Now interest rate are lower they are trading at big discount. GIC pays 3% now.