Meshke’s Minute

With a new portfolio review each post, we delve into the more ‘technical’ information we deal with every day.

5-Year AutoCallable Structured Notes

On Jan 26, 2017, PWM Private Wealth Counsel purchased a 5-year AutoCallable Structured note on the REIT index for the High Growth TFSA accounts.  If the REIT index was at or above par after one year, a client's return was 17%, and the note was automatically called away.  On Jan 26, 2018, the note did just that.  Your Portfolio Manage...
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