Investment Q&A

Q: I am going to harvest some losses on HHL and purchase LIFE as a proxy. Going forward is there a preference between the two held in a non-registered account?

Q: Can you comment on the outlook for this ETF

Q: Good Day,

Recent questions re: 5i folks' ETF holdings lead me into looking at these and other related names for their fit into my portfolio.  Comparing IWMY IWMI QQQI SPYI and RDTE,  from what I understand they're largely return of capital, which >can< be tax efficient.  Would these be optimal in a taxable account? Do they have any place in an RRSP or TFSA?  With the ROC component, is there merit in [synthetic] DRIPing these, maintaining a cost basis (if in a taxable account), but growing the number of units while I have employment income?  I find the weekly component of IWMY intriguing, as share count could grow rapidly, creating a solid base income in retirement (8-12 yrs from now).  Is this something that one can  (or should) hold for that long?  

Of the ones listed, are there any you would stay away from? If so, why?
Are there any others worth looking at in this space?
Is there a different type of ETF that could achieve this goal?  

Thanks for everything!

James

Q: Can you please give me what you would consider the “best in breed” ETF’s that are essentially 100% US that focus on:
- dividend appreciation/aristocrat
- momentum
- growth
- income
- balanced
These would be held in registered accounts and I’ll add the proviso that I am less concerned about a low MER than historical performance/active management. Thank you!

Q: Which ETF or stock would you consider to increase global or US exposure in the health sector? Thank you for your comments.

Q: Is there an ETF that covers CHIPS, Electricity, Cooling and other components to build the Data Center for AI.

Please recommend CDN and USA ETF.

Thanks for your excellent service

Q: in reference to Joseph's question and comments on Peter's personal portfolio, is it fair to ask which 'covered call' ETF's he prefers...

Q: DRAM has only been around since March 30 . And I notice today it is up close to 5% whereas MU is up 3% ..... In a very short history { one month } has DRAM consistently out performed MU ? And if so what do you attribute it to ? I notice that their makeup includes derivatives though I have no idea how that influences the price of the ETF ? ...... But If DRAM which is a diversified memory ETF out performs MU .... Why would I even consider buying MU ? ..... Thanks for your terrific service .....

Q: Hello 5i Team,
What are your thoughts on Ninepoint ETF's?

Thanks
Brent

Q: Do you think these funds are good to own? What are the pros and cons?
What are the mer rates?

Patti

Q: Would you buy DRAM or MU for short term (1 or 2 years) and potential for greatest return. DRAM gives some diversification and exposure to Asian memory stocks, but is MU valuation (PE forward ratio) still too good to pass up ?

Q: Peter would you be willing to share some of the 15 stocks you hold personally along with the 3 etfs? If this is not in my subscription range of questions No worries


Thx

Q: Bmo has an etf zwk that pays around 6% and some new funds that are target cash flow (zwk-t) that say they are looking for 12% . I know they are both covered call but is one more leveraged ? What is your take on these target funds ,with yields over 10% they look interesting

Q: Peter; Could you refresh your thoughts on these- inflation seems to rising in the US. Thanks.
Rod

Q: If one were to choose to allocate some money to the "Outer Space" investment theme, but not want to try to pick a specific stock, what would be your recommended ETF's with that theme? Are there any Canadian denominated ETF's that are potential candidates?

Thanks as always,

Dave

Q: Looking at these EFT's how would you rank them as investable in a RRSP for a long term hold.

Q: Good afternoon,

Just to follow up on an earlier question regarding HHL. I held this for ~ 2 years, mainly for income. I started to question relative underperformance several months ago, and then made a decision to exit. I did so not so much as a result of having a view on US healthcare, but more on the sustainability of the monthly dividend of $0.06. The yield is currently approaching ~ 11%, and I wonder if the YTD price action has more to do with general price decay as a result of not cutting the monthly dividend as a result of lower option premiums, and less to do with the individual stock holdings represented in the ETF.

Curious to know your views on this, and whether or not this is an inherent risk in an environment where option premiums can't always cover monthly distributions on their own for covered call ETFs. And at what point do the fund managers make a call to cut the monthly distribution to a more manageable level in order to avoid this price decay?

Thanks as always.

Q: Dear team,

As you can see above, I have begun buying broad spectrum EX-North America ETF's to diversify my portfolio. Could you please suggest a few more I could add to that theme ?

Thank you very much - Nick

Q: A current Globe article by Kevin Foley discussed "short-term investment grade prospectus credit funds" as a place to park cash that pays significantly more than money-market funds. Here are some highlights from the article:

-- A representative group of five of these credit funds averaged 6.3 per cent annually over the last three years and 5.0 per cent annually over five years., besting the usual funds by something like 2.5 %.
-- They buy an investment grade corporate bond and simultaneously short sell a government bond of the same tenor to eliminate the interest rate risk, thereby isolating the credit spread.
-- The average annualized standard deviation across this representative group of funds is 2.25 per cent - less than half the 5.18 per cent of the FTSE Canada Universe Bond Index, which most Canadians consider safe and not volatile.

In the article he does not make specific recommendations, just putting forth this list from the CIFSC:
https://www.cifsc.org/alternative-credit-focused/

I would appreciate your comments on this as a place to park cash, and wonder if there are any on this list that you might prefer, or if there are any to stay away from. Any reasoning for your choices would be most welcome.

Thanks!

Q: Hi! I recently sold a property in order to access regular income from the proceeds. I'd like to make 3% on an investment that pays on a monthly basis, and that has some potential for growth. If paying out on a monthly basis is too limiting, I can bridge for a quarterly dividend. I'd love to get your suggestions. Thanks!