Investment Q&A

Q: I'm considering converting converting some C$ to US$ and picking up one or both of these. Any thoughts on which may perform better for a 12 month timeline ?

Q: The last MF that my mom holds in her non-reg account is CI Canadian All Cap Fund Series X. All other (higher fee) MFs have been converted to low cost ETFs. If she sells, there's a capital gain to be paid. It's not a trivial amount but it won't trigger OAS clawback. If she were your mom would you suggest she convert this to an ETF as well or is the MER low enough to just let it be? Or is one's view of what the Feds will do with cap gain inclusion rate a bigger factor?

Q: Can you give me your read on ZPAY. Looking for an income component of my portfolio with a good capital preservation. The dividend seems high, which I like, but based on their holding leaves me wondering where the revenue is coming from and will it be a safe allocation of capital. Your comments on it trading below NAV would also be appreciated.
Much appreciated

Q: For the infrastructure sector US and global - what would be a good ETF to reference. Do you have any high conviction infrastructure stock recommendations? Thank you.

Q: Please take as many credits as you need to.

I'm so tired of seeing my fixed income portion of my portfolio trickle away. What would you think about equal allocation to the following?

I'm not so concerned with costs if the holding doesn't degrade, but I still want some yield. Please pick it apart and make suggestions. Thanks!

HORIZONS ACTIVE ULTRA SHORT .HFR

RBC CDN DISC BD ETF .RCDB

KRANESHARES TRUST IVOL

PIMCO MONTHLY INCOME FD CDA .PMIF

PENDER CORPORATE BOND FUND .PGF550

FIDELITY GBL CORE PLUS BD .FCGB

BMO PREM YIELD ETF .ZPAY

PICTON MAHONEY FORTIFIED .PFIA

DYNAMIC PREMIUM .DYN3361

BMO AGGREGATE BOND .ZAG

FIRST ASSET INVESTMENT GRADE .FIG

Q: Dear 5i team.

May I please have your updated views on TAN? Last flurry of Q's date back to Oct'21 when it bumped it's trading head at the 100 dollar range for several weeks before beginning current decent to 60ish.
How do the technicals/fundamentals look to you today and is it time to begin a small position?

Many thanks for your help.

Q: I have been looking into HCAL lately as an alternative to buying Canadian bank stocks directly. I'm aware that it uses a little bit of leverage and possibly some covered call writing to increase returns and am comfortable with the increased risk. I noticed that it appears to rebalance its holdings quarterly moving 80% of the funds into the 3 most oversold banks. I'm assuming that this would create a fair amount of capital gains each year within the fund. Would this create a capital gains for the holders of the ETF at year end or would the holders only claim the capitals gains once the ETF is sold? If so would this be better held in a registered account? Additionally a portion of the distributions would be due to dividends from the banks. Would this portion of the distributions count as eligible dividends for the holders of the ETF?

Q: I am light on materials. Please provide a recommendation for best 3 'materials' stocks in US and Canada at this time. What is a good materials ETF for reference. Thank you.

Q: As per your team Industrials, tech and materials/energy can be decent sectors in times of inflation.

Can you please recommend USA & Cdn ETF that you would consider holding in each above sector.

Thanks for the great service.

Q: Dear 5i team.

Looking at Q history, you last pulled ARKK and ARKF from the ARK group of funds as your suggested two of the bunch as at Oct'21.

Does this still stand or has current market backdrop changed your view in any way?
I'd like to get small positions in the best two now that the rotation is well under way.

Thanks.

Q: I'm looking for the best robotic company [manufacturer] to buy. Would this ETF be a good buy now or could you recommend something better in robotics?

Thank you.

Q: Can you recommend a global ETF that trades on the Canadian exchange that includes the whole global market except for North America? I've found some that only include developed countries but would like it to include emerging markets as well.

Q: Can you explain why for all periods up to 1 year VGG has a larger drawdown than CDZ? In other words CDZ seems to be less affected by the current expensive growth sell off. Going forward for a 3 year hold, what etf would you favour? Thank you.

Q: Hi Peter and Staff
I had asked about TECH as a way for a smaller portfolio like an RESP to participate in AMZN, GOOG etc. I think I understand it only holds 6 companies being AMZN,GOOG,MSFT,NFLX.FB and APPL and obviously % change as prices of those stocks move around. IF I were to suggest that for an RESP , which TECH one would you suggest, symbol wise as far as hedged , not hedged and what is the MER

I think I notice that you suggest GGG instead of TECH. Is that correct? Do you suggest the TECH.US one ? Am I correct that it has 100 holdings including the six that are in TECH. What % of the fund is those 6 that are in TECH? IS there a rough sector allocation available?

Please deduct multiple credits if needed to give the whole answer

Thanks for all you do
Dennis

Q: Hello,
I will be switching to an indexing strategy in the near future and have a few ETFs that I would like your comparisons/advice/opinions. All ETFs will be held in TFSAs or RRSPs over a long term.

1)S&P/TSX: XIU, XIC, HXT*

2)S&P 500: ZSP, HXS*

3)Emerging Markets: ZEM, XEC*

*denotes commission free trades.

4) In registered accounts, is there a long term advantage to having capital gains vs dividends distributions as is the case for HXT and HXS? I would reinvest any potential dividends in other ETFs.

Thank you.

Q: What are your thoughts on this ETF?

Thanks

Q: I have enough exposure to the Canadian market but I need additional global equity exposure for the next 10 years.

Would you please recommend an ETF for each of the following categories:
US
International
Emerging markets

Thanks

Q: Gentlemen: With Gold, Bonds, Money market funds, CDs, Emerging markets and cash all paying less than inflation, diversifying a portfolio to say 50% non equity as advised with aging, is a joke…. Where do you recommend looking for 2022?

Q: Can I have your opinion on this ETF please. Looks good for income.

Thanks

Q: It seems certain there will be several interest rate increases this year (and possibly more in 2023). That means fixed income will become more attractive. Please provide your outlook on this change and discuss how various fixed-income types (bonds, mortgages, mortgage-backed securities, consumer financing, etc.) will be affected and what opportunities for individual investors are likely to appear in the fixed-income sector as rates rise over the next 12-18 months.

Thank you,
IslandJohn