SBC.TO
I’ve owned SBC since 2016 after spending weeks researching split funds and understanding both the split fund structure and its underlying holdings, mainly Canadian banks, along with the fund’s history. I doubled down on my position during the COVID-19 market meltdown, and it has since become my best-performing Canadian fund while also providing significant monthly income with tax-preferred treatment.
I hold SBC in both my TFSA and margin accounts, and I really love it. It looks very likely that we’ll see another major share split before November 2027, when the fund is renewed. Since interest rates are now lower compared to 2022, I expect the common shares to capture more value and continue delivering strong results for investors
u/GameZ-the — 15 days ago