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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: There is a ( very) new ETF, coming out from Horizon with ticker QQCL being a covered call Nasdaq 100 with anticipated yield of 14.10 %.
This seems to be attractive for my TFSA for higher growth (with volatility which I can handle), along with a high yield.

I have bought several of these products, HTA, HHL, UMAX for both my registered and non registered accounts. They seem “ too good to be true “ and am wondering if that’s true. I have seen many of these enhanced products ( remember flow through shares ?) and hope these do not repeat.
Your thoughts on QQCL and on these ETF’s in general would be appreciated.
Thanks. Derek
Read Answer Asked by Derek on October 06, 2023
Q: I am close to retiring and have all registered accounts maxed out, but have $200K of non-registered funds to invest, and wondering what recommendation would be. I am leaning for simplicity to spread across a few ETFs to get some balance of growth and dividends. Thoughts/recommendations.
Read Answer Asked by Steven on October 06, 2023
Q: With U.S. Treasury yields on the rise, is this a good time to buy this U.S Treasury focused ETF? Also, looking forward, and assuming a higher for longer scenario for interest rates, that are at a peak now, and will stay there for a couple of years, what would your outlook be for this ETF? Is the yield sustainable at a targeted 10%, or might it rise in the short term? Thanks. Will
Read Answer Asked by Will on October 06, 2023
Q: MY ERROR ! I asked the question ... "I have recently come across some US covered call ETF's offering +10% returns on ES Bonds. Sorry, don't have the ticker. They are on streaming platforms and flash by before I can write then down. Can you comment on the danger of such an investment, the stability of the dividend as interest rates are certain to shift. Thanks ! " BUT, I meant to type US (not ES). SORRY. Please deduct a few additional questions due to my typo.
Read Answer Asked by Jim on October 05, 2023
Q: With the sell-off and resultant higher yields on bonds, what are a few bond ETFS that I might consider as a short term park for money in registered accounts. Maybe there are bonds I could buy? They are hard to get some times on my bank platform: CIBC Investors Edge.

I have not owned any bonds for a very long time. Prefer dividend growth stocks.
Read Answer Asked by James on October 04, 2023
Q: My TD Waterhouse account used to show a calculated yield based on the current price of UMAX and HMAX but for some reason shows no yield for UMAX and 10.8% for HMAX now ...... Yahoo Finance isn't much better . And the Hamilton website shows 13% and 15.5% no matter what the ETF price is ..... So the first question is what is the calculated yield for both at today's price ? And second what would be the unit price for my targeted entry point of both 14% and 14.5% for UMAX { still making up my mind on UMAX entry price } .... and 16.5% for HMAX ? With rising rates hurting utlities and banks in the doghouse I'm inclined to think I might get those entry points .....
Read Answer Asked by Garth on October 04, 2023
Q: Hey Guys,

- In this current environment, I know you are not betting people/advisors, But What in Your Opinion that Stands out as a Theme, Investment or Speculative Play that may be something to look at...
- Take speculative funds and invest in what?

Thanks,
M
Read Answer Asked by michael on October 03, 2023
Q: I own TDB977 (US Blue Chip) and TDB645 (Science & Tech) which both had a very bad 2022. These really underperformed the rest of the market and I'm considering a change to an ETF for each category.

For TDB977, change to:
a) ZSP
b) TUED

For TDB645, change to:
a) ZQQ
b) TEC

Can I get your thoughts on the changes? Thanks.
Read Answer Asked by Victor on October 02, 2023
Q: Dear 5i,
Many experts are suggesting that Bonds are very attractive right now because of the high yields.
Can you please suggest some Canadian bond ETF's and Mutual Funds that one might want to do further research on. In your opinion what duration range represents a sweet spot that might offer attractive total return within 3 years.
Read Answer Asked by Ian on October 02, 2023
Q: Good Morning ,

Could we have your opinion on this new listing from Harvest. Also do you see their risk evaluation as accurate (medium-low). Thank you.
Read Answer Asked by Roger on October 02, 2023
Q: If I am strictly interested in income, is there any reason to buy a GIC at 5.75% when I can get 13 to 15% from umax and hmax distributed monthly? Also are these products fairly safe over the long term. Thx, James
Read Answer Asked by JAMES on October 02, 2023
Q: Bought zwu at 10.79. Is there a chance of a rebound here or a sell. Have a fairly large position in bir. at average of 8.45. Your thoughts. Have no dfn. your opinion on this stock surviving. thanks
Read Answer Asked by kenneth on September 29, 2023
Q: Hello Peter and company,

With XLB hitting a new 52 week low, should I continue to take a long term view that yields will eventually be lower? I took a position in January and not sure weather to add, sell or hold. I have a 4% position with the reminder in the balanced portfolio and cash.

Thanks for the great service,
Angelo
Read Answer Asked by Angelo on September 29, 2023
Q: Is there any difference in tax treatment between VFV and ZSP in a TFSA?
Read Answer Asked by Bruce on September 28, 2023
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