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iShares S&P/TSX Capped Information Technology Index ETF (XIT $63.25)
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Kits Eyecare Ltd. (KITS $17.68)
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Graphene Manufacturing Group Ltd. (GMG $2.30)
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Advanced Micro Devices CDR (CAD Hedged) (AMD $36.76)
Q: In diversified registered portfolios I am underwater (16%-35%) for these 4 holdings. Are any of these likely to enter positive territory in the next 12 months? In what order would I sell these? Many thanks for a great service.
5i Research Answer:
It is difficult to compare an ETF with companies. Our sell order would be: GMG, KITS, XIT, AMD.
We would prefer to see a longer timeframe, but we think all have the potential to be higher in 12 months. That being said, a 35% decline requires a 54% rise to break even. That would be an aggressive assumption for these four. But we do think they are worth keeping, and we would not 'anchor' prices to what was paid.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in XIT.