Q: I have held these three funds since early 2016 for the stability component (maintain capital and some income) in my portfolio. The annual MER's are .44, .86 and .84. respectively, I have series F in the PMO funds. Extra year end distributions for the PMO funds were nice but they stopped after 2018 year end.

Their total capital growth has been very modest, about 2-4% total over several years.

I am not too comfortable with the higher annual MER's.

Could you comment if I might see significant capital drop if interest rates go up? Also, could you recommend any different holding or stock that I may consider instead of these funds for stability and income?

Thank You.

Q: Please comment on the uptick of the US investment grade corporate bond ETF XIG today. Do you still feel this is a suitable complement to a core fixed income holding of ZAG? Thank-you.

Q: I currently have 20% fixed income in my portfolio. 10% is laddered GICs and the other 10% is in ZAG ETF. I'd like to add another 5% to fixed income and was wondering if you think XIG would be a good source as it adds some US exposure and a slightly higher yield. How risky would it be? Or do you have other suggestions? Please note that I am not interested in junk bonds.