Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Larry Berman CFA, CMT, CTA
Mackenzie Floating Rate Income ETFMFT.TOBUYFeb 22, 2021
Ways to play the floating rate bond market. It is an opportunity in a rising interest rate environment. Fixed income is very important when rates go up. The bond market is suggesting that the Feds and BoC will raise interest rates in late 2022 or 2023. Keep an eye out for the Fed's announcement this week.
Larry Berman CFA, CMT, CTAUnknown
$19.21
Stock price when the opinion was issued
$15.65
As of Jun 19, 2026. Market Open.
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
BUY
A floating rate note is an instrument issued by a corporation where the coupon adjusts each quarter. It is not a money market replacement because there is some credit risk, although not high. It is money market-like because it is linked to short term interest rates. He has shifted a lot of money into floating rate notes because he thinks interest rates will go higher. He has no trouble putting money in. FLOT-N is one he uses in the US.
E.T.F.'s
