PrefBlog is presented as a public service by Hymas Investment Management Inc., Manager / Trustee of Malachite Aggressive Preferred Fundand publisher of PrefLetter, a monthly newsletter directed towards long term buy-and-hold retail investors. James Hymas, president of Hymas Investment Management Inc, with years of experience designing quantitative investment technology and applying this technology to conservative portfolios, seeks to provide institutions and retail investors with the information and advice necessary to produce top quartile returns in the preferred share market without the assumption of excess risk.

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“I never recommend active management. Until today."

Awards & Publications

Canadian Money Saver- A list of articles written by James:

Latest Articles

August 19, 2019

Mohamed A. El-Erian has again updated my favourite financial market chart: Click for Big He also passed on another great chart: Along with the chart showing that the stock of negative-yielding bonds now stands at some $17 trillion, this one, via Z...

BAM Renews Real NCIB

Brookfield Asset Management Inc. has announced: it has received approval from the Toronto Stock Exchange (“TSX”) for its proposed normal course issuer bid to purchase up to 10% of the public float of each series of the company’s outstanding Cl...

August 16, 2019

There was good news, of sorts, today: ZPR did not make a new low! TXPR closed at 581.09, down 0.27% on the day after setting a new 52-week low of 580.98. Volume was 1.92-million, the lowest this week and nothing special in the context of the past 30...

DC.PR.B & DC.PR.D To Be Extended

Dundee Corporation has announced (although not yet on their website): that it does not intend to exercise its right to redeem any currently outstanding cumulative 5-year rate reset first preference shares, series 2 (the “Series 2 Shares”) or cum...

LCS.PR.A : Correction & Apology for Comment

In the post LCS.PR.A Seeks Mandate Change to Broaden Portfolio, I misinterpreted the paragraph in the press release that stated: In keeping with industry trends over the past several years to lower investor costs and in connection with the proposed ...