Investment Q&A

Q: Does this fund qualify for benefit as a Canadian Dividend fund?
Please explain rules to qualify for the dividend discount.
Thanks.

Q: Hi, I am currently underweight in my portfolio for each of the Healthcare, Industrial and Consumers Cyclical sectors. Can you please recommend a few ETFs in these sectors, preferably global and priced in CAD? Thanks!

Q: Hi Peter and Team,

This is the first question for this Middlefield ETF. I realize that its MER is quite high, but its performance appears to be above its peers. I am also impressed with its 5.085% distribution yield and its very low Beta of 0.34.

Portfolio Analytics indicates that we’re too low in the Healthcare sector as well as US holdings. This ETF could reduce the imbalance.

What is your opinion on MHCD at this time? Are there other ETFs in this sector that you find more compelling?

Thanks as always for your valued insight.

Q: Thanks for answering my question regarding Premum/Discount for TCSH canadian money market ETF. In your answer you stated "Indicated Yield" of 2.63%. I looked at the TD web site and could not find this metric. Can you tell me where I can find this important metric as well as help explain what "Indicated Yield" means? TD only provides current yield to maturity on their web site. Many thanks.

Q: I have both VIDY and VIU. How similar are they? Should I keep both for a long term hold? If I kept only one, which should I keep.
Thank you for your excellent advice.

Q: I'm thinking of shifting some money out of S&P500 index and into XSU / EQL / VIU so I'm not so overpositioned in tech and whatnot. Good idea? Thoughts?

Reasoning:
XSU - smallcaps should outperform at somepoint?
EQL - same stocks but more equally weighted
VIU - north am excluded (also own ind stocks in cad and us)

Q: Hi...just went through the most recent questions on ZRE.

I have held ZRE for 3 years and am up roughly 10% total return....so a little over 3%/year. It is in my wife's TFSA, as she is more conservative.

I am a huge believer in asset allocation and have a 5% target weighting in REITs, with roughly half of that coming from ZRE. The balance is from CDZ and ZLB. My belief is you can rarely time "what sector is going to perform when", so I set my overall asset allocation and for the most part just leave it....trimming-adding when appropriate.

I also own a home, which I do not include in my investment asset allocation calculations. Technically then, I do not need to own any ZRE.

What is your current view on ZRE as you look forward for the next few years? I am quite content to continue to let it ride, believing it will have it's day.....but maybe I'm just being stubborn. Is your current crystal ball showing conditions that are positive for REITs

Thanks....Steve

Q: TCSH ETF is classified as a money market product. I understand that the NAV will usually increase until the monthly distribution near the end of the month. What I don't understand is why this ETF always seems to trade at a price much higher than the actual NAV. I thought all money market ETF's would trade very close to NAV price.

Q: Looking forward would you put new money into XRB or VAB?
Thanks Ron

Q: Hello, I invested in the ETF BUG about a year ago. I had compared it to HACK and thought that BUG was more a pure play on cybersecurity than HACK, which has AVGO, NOC and GD as top 10 holdings (AVGO at #1 with 12%). After a year, BUG has barely moved whereas HACK has moved over 10%, probably because of the 3 stocks I mentioned. To what extend these 3 stocks belong in a cybersecurity ETF? If so, should I switch to HACK? Do you believe these 3 stocks will still perform very well in the years ahead? I have plenty of NVDA, so it was never my intention to buy AVGO on its own. Thanks.

Q: It appears as if there could be a supply shortfall in copper in 2026 and with critical minerals being in demand do you see XETM as a way to invest in both copper and critical minerals. On the other hand is there stocks that would be a better copper play and other stocks that would be better in the critical mineral area than XETM.

Thanks

Wayne

Q: Are there any etfs that you could recommend, that could ride out the forecast adjustment of the market? Thank you

Q: What would be your best pick for a Large cap mining Co and a ETF ( USD and CAD), for exposure to Silver, or preferably, Both Silver and Gold ? Is there an ETF for royalty companies?

Thank You

Q: Can you recommend a few US-listed ETFs for a US citizen living in Canada with a Canadian investment account (to avoid problems caused by US PFIC rules)?
Mainly looking for ETFs to track the main indexes.
Thanks.

Q: As TD has just added some commission free ETFs, I'm thinking of using TPU to add to my US holdings. I've previously used ZSP. Despite ZSP's being the 500 with TPU's being the index, they seem to have performed pretty much in tandem. Am I missing something in thinking it's fine to hold both as long as my total US holdings are in line with my desired percentage? I have no individual US stocks.

Q: Hello Peter,
It looks like US may relax the rules on Marijuana companies.. is it good time to step into an ETF or still too early to invest in? Much appreciate it

Q: A follow up question on portfolio construction. I’ve decided to try and get more dividends while I wait for capital appreciation inside my TFSA.

So the portfolio will be 20% International holding FLVI and VIU. 45% Canadian and will hold XDIV and CDZ. The 55% US will hold SPYD, VYM, HVD and all 11 sectors through Vanguard or ishares.

I’m looking to collect some dividends while I wait for capital gains and realize I will not get full dividends on the US ETFs. What are your thoughts on this set up, is there anything to improve either with diversification or higher dividends? Appreciate your service.

Q: i am looking for 3 canadian etfs that have the following characteristics that you approve of.
-they are liquid
-one for growth, one for value, one for momentum
dave

Q: I "imagine" this : Holding a certain % (20-30 % or more if necessary ) of covered call ETFs or covered calls ETFs with leverage , shall allow to retire 5% of cash (or more) every year, without having to sell stocks ;The only ,relatively minor consequence, would be some reduction of NAV among some ETFs. ..you feedback ? Thanks always

Q: Looking for a Canadian ETF with a momentum bent. Do you have a favourite. Two you have mentioned in the past are WXM and FCCM. The mer for the former is quite high.
Mike