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Stock impact report

Why this $15.8-billion money manager is buying Pembina and selling Rogers [Globe and Mail, The (Toronto, Canada)]

Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA) 
Last pembina pipeline corp. ordinary shares (canada) earnings: 2/27 05:44 pm Check Earnings Report
US:NYSE Investor Relations: pembina.com/investor-centre
Illustration by Joel Kimmel The Globe and Mail “If you have some patience as things get a little bit choppy, it can present buying opportunities,” says Ms. McClelland, managing director and senior portfolio manager, North American equities at RBC Global Asset Management in Toronto, who oversees about $15.8-billion in assets. “There's a big part of [the Canadian] market, similar to the U.S., that hasn't really participated in this recovery, so that's where we're putting a lot of our focus,” says Ms. McClelland, lead manager of the $3.8-billion RBC Canadian Equity Income Fund. “There are some interesting, high-quality names within Canada that are trading at pretty attractive valuations.” The fund's Series F returned 25.7 per cent over the past year, as of Nov. 30. The three-year annualized return is 17 per cent, while the five- and 10-year annualized returns are 15.2 and 11.8 per cent, respectively. The Globe spoke with Ms. McClelland about three stocks she's been adding to rece Show less Read more
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