Investment Q&A

• Global X S&P 500 Index Corporate Class ETF (HXS)
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• Global X S&P/TSX 60 Index Corporate Class ETF (HXT)
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• Global X Intl Developed Markets Equity Index Corporate Class ETF (HXDM)
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Q: MoneySense recommended HXT as one of the best Canadian ETFs for years, but not in 2023. Is there any concerns that the government may crack down on Horizon's Total return funds that do not pay out any dividends?
Thanks!

Upvote 5

Read Answer Asked by Grant on November 24, 2023

• Evolve Global Healthcare Enhanced Yield Fund (LIFE)
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• Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
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Q: Are these ETFs worth holding for income in a diversified portfolio? I realize that the covered call strategy limits the upside potential.

Upvote 3

Read Answer Asked by Allen on November 24, 2023

• Evolve NASDAQ Technology Index Fund (QQQT)
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Q: I have been investigating a fairly new ETF, namely QQQT from Evolve. It seems to provide good representation of most of the magnificent seven as well as several others. Your thoughts on the management fee (0.25%) and whether you would prefer the hedged or non-hedged product.

Upvote 5

Read Answer Asked by Theodore on November 24, 2023

• BMO Low Volatility US Equity ETF (ZLU)
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• BMO Low Volatility US Equity ETF (ZLU.U)
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• iShares Core S&P/TSX Capped Composite Index ETF (XIC)
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• Vanguard S&P 500 Index ETF (VFV)
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• Vanguard Growth ETF Portfolio (VGRO)
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Q: In my open (unregistered) account, I currently own VGRO and am looking to invest some funds in ETFs . What is the difference between ZLU and ZLU.U? How would your rate the above ETFs for growth over the next 5 years? Do these ETFs hold similar investments (stocks, bonds, etc)? If I invested in 2 ETFs, which ETFs would be complimentary? Can you suggest similar ETFs with better growth potential in the next 5 years? Thank you

Upvote 2

Read Answer Asked by Don on November 24, 2023

• Sprott Physical Gold Trust Unit (PHYS)
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Q: Hi, my question is which etf to buy in the Sprott precious metal group? I’m selling my bullion and buying a etf. I can buy gold, gold and silver, platinum and palladium or uranium.
My plan was to just buy gold ( phys), but I see I have other choices. What would be your suggestion for a 4-5 minimum year hold?
Thanks

Upvote 4

Read Answer Asked by Brad on November 23, 2023

• Brookfield Infrastructure Partners L.P. (BIP.UN)
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• iShares Core Canadian Long Term Bond Index ETF (XLB)
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Q: RIF account looking for consistent income and some growth
Getting the feeling we are at or nearing the end of rate hikes (CDA and US). However, I'm also feeling we are in for a longer period of higher normalized (current) rates
Question: Is long term bond XLB worth holding on in the higher for longer environment? I'm contemplating a switch to equity and BIP.UN (preferring the currency diversification). Your thoughts on rates and the switch

Upvote 4

Read Answer Asked by Harry on November 23, 2023

• BMO Covered Call Utilities ETF (ZWU)
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• CI Tech Giants Covered Call ETF (TXF)
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• Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX)
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• Hamilton Technology YIELD MAXIMIZER TM ETF (QMAX)
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Q: I am an income investor. I believe that umax and zwu are similar.

Would umax (14% yield) not be preferred to zwu at 8.2%

Same for qmax (11.8%) vs. txf at 8.3%

thank you for your comments

Upvote 9

Read Answer Asked by JACK on November 23, 2023

• iShares MSCI World Index ETF (XWD)
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• iShares S&P Global Industrials Index ETF(CAD-Hedged) (XGI)
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• Vanguard U.S. Dividend Appreciation Index ETF (VGG)
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• Health Care Select Sector SPDR (XLV)
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Q: I have the above ETF's in my TFSA and am wondering if these belong in a TFSA? On reading your newsletter "Investments to hold in your TFSA" , I interpreted this to mean they do not belong in the TFSA. Am I right?
Thanks for your response.

Upvote 1

Read Answer Asked by Terry on November 23, 2023

• Canadian National Railway Company (CNR)
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• Canadian Pacific Kansas City Limited (CP)
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• iShares S&P/TSX Composite High Dividend Index ETF (XEI)
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Q: Good Morning 5i group. What are your thoughts for a recently retired person who has a large gain on CNR in an RRSP to sell the position tax free and buy an ETF say XEI and essentially triple the income and also diversify the portfolio further ?
Thanks for the great service, a different ETF or investment idea for consideration would be welcomed.

Upvote 4

Read Answer Asked by STEVE on November 23, 2023

• iShares U.S. Aerospace & Defense ETF (ITA)
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• SPDR S&P Aerospace & Defense ETF (XAR)
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• iShares U.S. Aerospace & Defense Index ETF (XAD)
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Q: Hi. I'm looking at enhancing the defense portion of my portfolio and I'd like your thoughts on XAD. Or would I be better going with XAR or ITA?

Thank you.

Upvote 2

Read Answer Asked by Marc on November 23, 2023

• Brompton Enhanced Multi-Asset Income ETF (BMAX)
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• Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
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• Hamilton U.S. Bond YIELD MAXIMIZER TM ETF (HBND)
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• Harvest Premium Yield Treasury ETF (HPYT)
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Q: RE these 3 investment companies, which do you think is the best to invest in for high yield and modest growth: Harvest funds, Hamilton funds, Brompton funds. Thanks

Upvote 8

Read Answer Asked by george on November 23, 2023

• Invesco CurrencyShares Japanese Yen Trust (FXY)
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Q: If I believe Japanese yen will bottom out in near future, could you suggest some financial instruments for investors to take advantage of this scenario?

Upvote 2

Read Answer Asked by David on November 23, 2023

• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ)
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• iShares S&P/TSX Capped Information Technology Index ETF (XIT)
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• Invesco NASDAQ 100 Index ETF (QQC)
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• Purpose High Interest Savings Fund (PSA)
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• Vanguard S&P 500 Index ETF (VFV)
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• Vanguard S&P 500 ETF (VOO)
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• INVESCO QQQ Trust (QQQ)
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• Vanguard Information Technology ETF (VGT)
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• TD Global Technology Leaders Index ETF (TEC)
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• Global X Cash Maximizer Corporate Class ETF (HSAV)
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Q: Could you please suggest a mirror ETFs from the listing below in Canadian dollar?

VOO
VGT
QQQ
PSA

thanks,

Upvote 4

Read Answer Asked by Shi on November 23, 2023

• BMO MSCI Emerging Markets Index ETF (ZEM)
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• Vanguard FTSE Emerging Markets All Cap Index ETF (VEE)
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Q: Can you please compare the following ETFs: ZEM vs VEE. In the past you had commented that ZEM may be more tax efficient because most stocks are held direct. Which ETF has the most exposure to China?
Thanks!

Upvote 3

Read Answer Asked by Grant on November 22, 2023

• iShares 20+ Year Treasury Bond ETF (TLT)
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• Vanguard Long-Term Government Bond ETF (VGLT)
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• Evolve Enhanced Yield Bond Fund (BOND)
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Q: Thoughts on this new high yielding bond fund? Thanx.

Upvote 4

Read Answer Asked by Steve on November 22, 2023

• Vanguard S&P 500 Index ETF (VFV)
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• Vanguard Growth ETF Portfolio (VGRO)
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Q: Age 25. Recently deposited a large sum into a new TFSA. Looking to purchase VRGO and VFV. Is this a wise decision and how should they be purchased? Expand purchases over, say 1 year?

Upvote 4

Read Answer Asked by Shawn on November 22, 2023

• Mawer Balanced Fund Series A (MAW104)
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• Vanguard Balanced ETF Portfolio (VBAL)
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Q: Peter; Can you compare returns of the above two and which would be your preference? Thanks.
Rod

Upvote 2

Read Answer Asked by Rodney on November 22, 2023

• BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE)
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• BMO Europe High Dividend Covered Call ETF (ZWP)
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Q: Which would you prefer for a 2 to 3 year hold for income in a tfsa?

Upvote 5

Read Answer Asked by Steve on November 21, 2023

• KKR & Co. Inc. (KKR)
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• BMO International Dividend ETF (ZDI)
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• Berkshire Hathaway Inc. (BRK.B)
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Q: Hi

Presently own ZDI in our RRSP.

I am thinking of replacing ZDI with KKR & BRK.B.

KKR and BRK.B are bigger and are like an ETF without the fees.

Also in the long run I think KKR and BRK.B it will have better growth than ZDI .

We would be giving up a good dividend with ZDI go.

Thank you.

Mike

Upvote 1

Read Answer Asked by Mike on November 21, 2023

• SPDR Blackstone Senior Loan ETF (SRLN)
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Q: I just came across this quote within an Economist article:

“If you can earn 12%, maybe 13%, on a really good day in senior secured bank debt, what else do you want to do in life?” Steve Schwarzman, boss of Blackstone, a private-investment firm, recently asked.

Are there any bank bonds that you could suggest that would fit in this category?

Upvote 5

Read Answer Asked by Andrew on November 21, 2023