Worst-performing portfolio components

The biggest hits my portfolio has taken this year has been with the appreciation of the Canadian dollar and the cash-parking vehicle of VSB.TO. Sadly (not including monthly distributions, which is about 5 cents a month) they’re down about 40 cents over the past couple months, due to the short-term rate curve rising considerably.

I take solace knowing that the increased Canadian dollar gives me larger purchasing power parity and the increase in interest rates in theory should make credit-sensitive assets cheaper to purchase.

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