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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: Hi 5i,
I hope you might help with my education ...
I have trouble getting my mind around the concept and basis for owning hedged vs unhedged. I know it has to do with currency valuations but beyond that I'm afraid I don't really understand it.
As a real world example to work off, I've owned TXF (the hedged version) for a long time and have noticed that it's pretty consistently been out-performed by its unhedged counterpart, TXF.B. I bought some TXF.B thinking to at least even things up and ironically since then the hedged version has been doing somewhat better.
My problem is that I really don't understand the mechanics of how it works, and why hedged is better in some circumstances but not in others - and even what those circumstances are.
I know hedging is something i should understand better, and I hope you can give me a primer, even though it's likely a pretty basic concept and also likely not that difficult to understand. I just seem to have a block and don't feel like I've grasped the concept or the important factors to consider when thinking about it.
Thanks!
Peter
Read Answer Asked by Peter on July 31, 2023
Q: Hello,
I'm thinking of adding HHL.b but concerned with the very low trading volume. If you compare volume of HHL to HHL.b, there is marked difference or improvement with HHL and higher volume. Question - is there actual market trading of HHL.b or perhaps might this be an internal currency conversion within Harvest ETF's. Hope this is clear, any feedback or explanation on why there is such a delta between the two ETF's trading volume would be appreciated.
THx Steve
Read Answer Asked by Stephen on July 31, 2023
Q: If you're looing for exposure to metals & the potential electrication boom wouldnt a more diversified way be to own XBM? Especially given that their can be so much more company specific risks in metal business's. Similar to XGD on the gold side.
Read Answer Asked by Michael on July 30, 2023
Q: Any problems putting a commodity etf like PALL inside an RRSP or a TFSA
Read Answer Asked by lynn on July 27, 2023
Q: Hi,

I'm looking to buy an S&P 500 ETF in Canadian dollars traded on the TSX.

What's your suggested ETF and which account should I hold it in?

I bank at BMOInvestorline if that makes any difference.

Thanks,
Robert
Read Answer Asked by Robert on July 26, 2023
Q: Wondering what your favourite/safest High Interest savings ETF would be to park cash for a few months or maybe a little longer.
Are there any risks associated with these ETFs?
I note for CASH, todays price is 2% greater then the 200 day moving average. Can these drop in value?
CASH management fee is .11%-is this high?
Why are the distributions variable on a monthly basis?

Thanks
Jeff
Read Answer Asked by JEFF on July 26, 2023
Q: Can you please provide some comments about the following very high yield ETFs: HYLD.TO, JEPI and JEPQ? The yields seem extremely high and I wonder about the risks associated with these ETFs. Thanks!
Read Answer Asked by Grant on July 26, 2023
Q: For the High interest savings etf's listed, which has the best net yield (or if another has a better yield that is not listed please let me know)?
With the HSAV product not paying a distribution, how do you find its yield? (In an answer to a previous question recently, it had the highest gross yield at that time of 5.25%)

And lastly, for funds held within a corporation, what would be the best tax advantaged way to go (pay tax on the dividend or the capital gain on HSAV)?

Thanks very much,
Read Answer Asked by Dustin on July 26, 2023
Q: Hey guys
Did you ever get the ETF focused newsletter off the ground?
I’m finding I am getting more interested in them!
Cheers
Peter
Read Answer Asked by Peter on July 26, 2023