Investment Q&A

Q: What is the net asset value of dfn at present and where can i find this on my own in the furure? thanks

Q: HGLB on NYSE is held by RY and couple of US banks. Yield is 16.5% Can this be real and how can they generate this large Yield.? Why would RY be interested in this fund ? Am I missing something? Is it a good LT hold for a retiree? Only a couple years old, again why would the banks buy in.? Please make sense of it.
Thanks
Cec

Q: Greeting 5i,

Has FFN resumed Div payments for Class A? TD is saying it has resumed @ $0.0458 on Dec 10 but I think that is the preferred shares. What is the NAV currently?

Thanks!

Q: Hi Guys,

Can I get your opinion of this fund. Thanks

Dave

Q: Looks very attractive here at this price. However 15+% dividend is concerning. Thoughts? Thank you

Q: Hi Peter

Your opinion on FIH third quarter results please. Is there any hope or better to move on?

Thanks
SK

Q: I am assuming both these companies are essentially passive holders of bitcoin.
First - Is my assumption correct?
Second - If true which one is the better play? i.e. compare and contrast fees, efficiency, structure, safety, etc. etc.
Thank you.

Q: Please comment on the recent news release. Is this just a warning that they may at some point reduce or cut the dividend payment ? How likely is it that the share price decreases as a result of such a new release ?

Q: What do you think of gdv Thanks Phil

Q: Brookfield Global Infrastructure is yielding a very nice dividend. Do you think the dividend might be cut? Why is the price so low ?

Q: Thank you for your advice during the current Covid 19 world . I followed it and as a result have weathered it fairly well.... This brings me to what I thought was a good investment pre Covid 19 and what I think is good now..... FIH.U has taken close to a 50% drop and I can definitely see why.... India's headwinds in battling the virus are large and with their population and crowded demographics. It is going to be a tough battle ..... This brings me to the parts of FIH.U ..... For each of the companies invested in how does 5I view their short and mid term prospects ? Using the four largest positions would be adequate for analysis .....For example I know Bangalore airport will survive but it might be a while before there is sufficient air travel to be in the black . And the IIFL investment and it's value going forward confuse me... There was quite a bit of controversy on the company for a while ... ......Also what is their cash position to accumulate businesses in this environment ? And at the end of the last quarter book value was in excess of $14.00 ... Would that still be an appropriate assessment of book value in this Covid 19 environment ? And in relation to it's current gap between price to book does 5I view it as good value ? .... Thank you for the steady advice you have been giving us during this pandemic ......

Q: One is an ETF while the other used covered calls to enhance dividends. Can you tell me what real difference there is between them aside from the 5% vs 10%+ div. I was thinking of buying XDIV but several of its holdings are the same as DFN which I own. Any point in also owning XDIV?
Thanks very much.

Q: Hi 5i,
This fund managed by BAM currently yield over 19 %. I have bought a very small position thinking to add more to my RRIF. Is the yield save? It is trade at a very thin volume. Would you kindly give me your opinion please, thanks!

Q: I would like your thoughts on the above. It has an attractive dividend and appears to have some price momentum and am wondering if this might present an opportunity to earn an attractive dividend. Welcome your thoughts

Q: Closed ended funds have a sometimes-deservedly mixed reputation. The Templeton Dragon fund's Far East coverage seems to offer that relatively rare (for me, at least) combination of excellent return and low correlation to other holdings in my portfolio. Can you comment on its value to a predominantly North American portfolio?

Q: Hello 5i Team
Canadian General Investments (CGI) and United Corporations Ltd. (UNC) are “closed end funds” with a discount to book value and low trading volumes. Both of these entities have been around since the 1930’s.
The primary reason for holding them would be long term growth and stability and not dividend income. I would view them as “ballast” in the portfolio to maintain stability (i.e. low volatility).
In addition, since they hold foreign stocks, it eliminates issues with Foreign Holding reporting (Form T1135) and potential US Estate taxation.
Questions are:
1 – What are your thoughts on either of these as a long term holding in a non-registered account?
2 – Which company would be the better choice?
3 – Would it be better to hold E-L Financial (ELF) instead of United Corporations (UNC) since ELF owns approximately 52.5 % of UNC?

Q: Hello, split shares have dropped quite a lot recently. Most are well below the $5 threshold (DF-$3.08, DGS-$3.50, FFN-$3.52), where monthly dividends ($0.07-0.08) are distributed. Most of the companies that are being held in split shares are bank stocks and other high quality Canadian stocks.

I am trying to better understand the risks of owning split shares. I estimate the only circumstances I would not collect dividends are when:
1) the prices of the equity inside the split shares never go back to the normal level, and
2) the dividend-paying equity inside the split shares cuts and suspends dividends.

What other risks can you think of? Do you think the risk outweighs the rewards?

Thanks

Q: PSTH-UN

Can you please give me your opinion on Bill Ackman's new SPAC IPO. In your opinion, is it a good medium/high risk investment?

Q: Dividend now reinstated. Yield 20%. What's not to love?

Q: What is the net asset value of this stock presently and what has to happen to get it back to the $15.00 value?