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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: What do you think of this closed end US fund? I am told it will be protected if rates rise, and it is trading at a discount to NAV.
Read Answer Asked by Donald on December 01, 2015
Q: Any thoughts on tty.un, great yield.

Thanks
Read Answer Asked by thomas p on November 30, 2015
Q: Having a hard time understanding why Brookfield management remains inactive relative to this truly horrible closed end fund it launched at $10. The value has subsequently drifted down in terms of price and net asset value to the $5 range. Incredibly, the same manager has remained in place since the outset. Very little change in their published holdings although AGF was finally disposed of after substantial capital loss. I bought this partly because of the Brookfield sponsorship. It seems this was totally misguided. In your opinion is there any hope for a restructuring or corporate intervention of some kind. Despite the original 6% yield, now 8%, what would you do with it.
Read Answer Asked by Ken on November 25, 2015
Q: peter;
had this issue since new at $10.00. Original plan was for it to
have modest growth. Hasn't happened. could you please review and comment? hold or sell.
Read Answer Asked by jim on November 24, 2015
Q: HI guys
Could you comment on this capital share, when I bought it a few months ago I thought that any increase in the dividends in the underlying stocks would be reflected in the split shares, but this does not seen to be the case, is some of the yield a "return of capital? What do you think about this product?. I feel that I bought it for the wrong reasons and am thinking about selling it. I have owned plit capital shares in the td and ry and have done very well with them. Can you any ideas of a split capital share that follows the life-co's. Sorry that this is so long.
thank-you for your time and have a nice day
Read Answer Asked by auftar on November 24, 2015
Q: Hi
Is there a Canadian small cap fund your team likes?
I tried purchasing the Mawer New Canada Fund, but it's now closed and unavailable to the public.
Any favourites you can suggest?

Thanks
Read Answer Asked by Carlo on November 23, 2015
Q: Been awhile since last comment on this,could you provide any further update or opinion.
Read Answer Asked by terrance on November 20, 2015
Q: Please help me understand the massive increase in the "Short" position in EITun stock as reported in the Globe and Mail
I assume this change has to do with the Voluntary Redemption offer that is currently being offered.
If so, would you please advise the reasoning behind shorting the stock at this time.
Thanks
Read Answer Asked by Dave on November 19, 2015
Q: Just my thoughts on the Cho 100 fund question. Post at your discretion:

Although I'm not a holder of this fund and do also strongly recommend Mawer, from a management perspective, I believe Chou is one of the best in the industry:

http://www.theglobeandmail.com/globe-investor/investment-ideas/strategy-lab/value-investing/a-fund-manager-who-refunds-fees-meet-francis-chou/article18405672/?service=mobile

Francis Chou has even refunded fees in the past for poor performing funds, and his value strategies usually take many years to pan out. A large cash balance is likely due to not finding many value stocks in current market conditions. This also provides the ability for the fund to 'pounce' when opportunities do come up.
Read Answer Asked by Arneh on November 14, 2015
Q: DRA.UN reported Q3 results yesterday. they seemed pretty good to me but I am having a little difficulty interpreting their statements. For companies like this what should an investor concentrate on when reviewing results? And what do you think of the results?

As always, thank you in advance for your thoughtful analysis.

Don
Read Answer Asked by Donald on November 11, 2015
Q: I am down somewhat on this Bond fund ... should I bail and try to recover some losses on a forecasted year end surge.Thanks as always.
Read Answer Asked by Alan on November 03, 2015
Q: After this VRX/CXR fiasco, I'm thinking of adding FAP to my portfolio, with a Yield of 11%. At age 62+, I think I need a little less risk, although I did jump in and BUY (VRX/CXR). Is FAPs' Yield safe?

Thanks ! Austin
Read Answer Asked by Austin on October 26, 2015
Q: Any thoughts on LOW VOLATILITY CANADIAN EQUITIES INCOME FUND?
Read Answer Asked by Jacques on October 12, 2015
Q: Is this stock , good long term hold in my RRSP or better in my cash account? Like Yield.---Would it be sustainable?
Thanks
Cec
Read Answer Asked by Cecil on October 05, 2015
Q: I hold Ing Floating Rate Sr Loan Fund, Symphony Floating Rate Trust Units,& Mint Income Fund Trust Units in a varied portfolio, and would value your opinion as to buy , sell , or hold in the present climate. Thank you.
Read Answer Asked by Harold on September 25, 2015
Q: Good Afternoon.

I am more than confused about this fund. Could you shed any light on why it would trade so much lower than its NAV? Based on earlier comments by you, I have a better understanding why it would be recommended by an IA but am pleased to hear that you like the managers. Could you also let me know if the fund is redeemable once a year or once a month? It looks like I may be holding it for the long term now and should enjoy the dividend, which hopefully continues.
Read Answer Asked by Catherine on September 25, 2015
Q: Hello,

- Is it a good time to add to VLN ? Any reason outside the weak market for the stock to be down ?

- PHK is going down a lot these days ... Can you explain why ?

Thank you
Read Answer Asked by Pierre on September 16, 2015
Q: I had this for some time in an unregistered account, it represents about 1% of a well diversified portfolio but it is down about 40%. Is it worth hanging on or better to take the losse and invest in something more productive?
Thank you.
Read Answer Asked by Carlos on September 15, 2015
Q: Are these two Brookfield closed-end funds , Ok for My RRSP, are the yields sustainable ? Thanks Cec
Read Answer Asked by Cecil on September 14, 2015
Q: Hello 5i Team,

What do you know about this security? It is listed in Tsx but in US dollars! My discount broker told me I can buy the shares on line but I can't sell them myself. I have to go through the broker because of the U.S. pricing. Will it be a good diversification in a portfolio and what is the growth prospect? Thanks as always. Rossana.
Read Answer Asked by Rossana on September 04, 2015