With $CLSA down 10% since I bought it, I thought it might be time to have another chat (not sponsored) with one of the PM’s or Chris Cullen and ask some tough questions. You can help me out, let me know below what questions you have.
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38 Comments
Bill Du
@talkingstock · 16d
Canadian financial sector under pressure, facing two sides squeeze US-Canada trade war,Higher bond yield,
Martin McClellan
@star87 · 16dEdited
I exited at around $18 . The fund owns split shares , is super risky in my opinion as they don’t own the shares at all, is like they are renting their shares and use it on the fund to generate income . There’s 10 other better etf to invest in.
Paul N@pauln · 16d
Banks have had a little pullback, clsa is heavy in banks. This imo is a good time to add more or turn on the drip until it recovers. Brompton is a quality manager and there is no need to panic. The fund is designed to distribute steady income. It will provide that and as time passes growth as well.
Clifster @clifster · 16d
Well Paul, good idea. Sold half my position today for small loss but still in the green due to distributions.
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