Investment Q&A

Q: Hi 5i,
Would you please provide an explanation of the announcement July 23 by Brookfield Global Infrastructure of establishing an At The Market Equity Program. They don't say how the cash raised will be used. Is this to raise money for the fund to invest in more infrastructure assets? It seems timely right now given so many advisors are suggesting to invest in infrastructure. Your thoughts please. Thanks

Q: Can you comment on this? I have little info on it.

Q: MBN What does this company do. Is it profitable. What is the outlook going forwards? Thanks.

Q: Hello,
I would like to understand the performance bonus to Hamblin Watsa of 20% over 5 %.. is it operating like the Buffet partnership with the 0/6/25%? Is FIH.U operating like a mutual fund? What are your thoughts on a long term position? What sort of returns should one expect from this? Thank you for your sage advice. Shyam

Q: In an answer about this fund on March 24 this year you said you thought there were better funds. Could you name a few and explain why please?

Q: Greetings 5i,

What to do about FFN. I love the div and I’m +77% since the Covid bounce back. I guess my biggest concern is I don’t understand how the div is so large. I wonder if the div it pays gradually erodes the NAV and so inevitably will result in a lower and lower share price and zero dividend. Or will the share price move up with the assets it owns? Can 5i shed some light on this?

Thanks!

Q: Good morning,
I see "Sprott Physical Gold and Silver Trust Updates Its 'At-The-Market' Equity Program" and may issue up to one billion dollars of new units. If I understand this correctly, Sprott will issue new units at the market price. So say gold and or silver go up, Sprott will issue new units, does this not stop the price of CEF from participating in the price rise of the metals and they issue new units and therefore reduce the demand from the market for units currently available and cap the price rise? If one wants to participate in the rise in gold and or silver appreciation it seems to me CEF is therefore not the way to do it.
Thanks.

Q: The NAV as of March 31/21 is 14.80 so being below 15.00 no dividend is paid. What is the rationale for DF trading in the 4.70 range recently and today is at 5.35.
Thanks

Q: Hello again would you consider buying UTF at this time. Or would you recommend a different fund
Thanks again

Q: Hi 5i,
Further to my previous question about return of capital, you mention that some investors, over time, can see their adjusted cost base go to zero as result of return of capital. What does this signify, that you now own it for $0 cost. Would the investor expect share prices to be severely impaired?
I am trying to decide if one of these health funds might be a lower risk way to generate some stable income while providing lower risk to principal.

Thx
Jim

Q: Hi 5i
A question was recently asked concerning the "return of capital" required to support the high distributions of FHI.

What percentage is required for HHl,and LIFE ?

What is long term net effect of "return of capital" on the share price of these funds? Does it continue to fall?

Does it ever get to a point where all or most "capital" has been returned ?
Just looking for very general understanding if return of capital is good or bad.... or maybe not an issue?
Thx
Jim

Q: What are your thoughts on this income fund, I’ve held it for over a year and see its the price has been climbing this year, up from a price in the low $10.00 range last year.
It provides a very healthy yield (+10%) and was a Gordon Pape suggestion over a year ago at this price level. Is it a good steady fund to own for income in one’s RRSP?

Thnx

Q: What do you think of this fund? How does it generate its income for shareholders?

I notice it is a close end fund, can you educate us on the pros and cons of close and open ended?

Thank you

Q: your opinion please and buy, sell or hold?

Q: I was reviewing companies that moved up yesterday and The Ether Fund showed up. Can you tell me what this is and what closed-end funds are?
Thanks,

Q: Can you please explain to me the investment strategy and yield for ENS. Is it strictly a proxy for Enbridge stock? Would you consider a position? Thanks

Q: Hello
I read about the new Brookfield global transition fund. Can you comment on this new fund and is this fund available to the public if I want to invest in it ?
If so, can you tell me how can I get access to it ?

Thank you
Kristelle

Q: Just wondering about the wisdom of purchasing this stock just to capture the dividend then selling it. You would only need to hold it for the time period necessary to be guaranteed the dividend which would be just a few days. I suspect the share price would not drop substantially in those few days. I do not care about share price appreciation that one would get with a buy and hold strategy.

Q: Hi,
I'm curious about CEF's and came across this one that appears to offer a decent dividend, with a bit of growth. However, I don't know anything about these types of funds, so would appreciate any thought you might offer on them. Are they a reasonable investment, or very risky? They talk about these funds being leveraged and that makes me nervous - should I be, or is that just my lack of understanding how these funds work. I'm much more familiar with ETF's and certainly comfortable with stocks - either Canada or US markets. Thanks for all your great advice over the years!
Dawn

Q: I am interested in your opinion of DFN. I do understand how it works. Do you think that as long as the markets stay in their current bullish mood, DFN can maintain its amazing yield?