Investment Q&A

Q: Seniors, late-80's, no debt, with a DB pension.
Looking to transition out of individual equities and into an ETF portfolio that we can 'set-and-forget'. This is a non-registered account (C$), looking to avoid tax implications (return of capital, etc.). Thx for some guidance.

Q: I am 83 years old and thinking of reducing my portfolio of stocks and putting the monies in Dimensional Funds in my RRIF. Returns seem to be excellent and I would like to get your opinion on these funds. I have no pension so I rely solely on the income generated by these Funds
Second question: The other option is trading my stocks for ETF's therefore what 5/6 ETF's would you recommend that would make a nice balanced income producing portfolio

Wayne

Q: I hold positions in these two funds as part of the fixed income portion of my portfolio. Looking at their current yields (3.1% & 2.27%) I'm starting to wonder why I don't just put that money into CASH.TO, which is currently at 4.52%.

Am I missing something? Are there other, better funds I should be moving them to?

Q: In an effort to minimize currency exchange costs, I am using separate all-in-one etfs for my CAD and USD accounts. The xbal for the CAD and the AOR for the USD account. I would be interested to know your thoughts and whether this merits attention. The xbal and others similar have huge Canadian weight which I would be happy to avoid. On the USD side they seem to have this sorted. My biggest beef there is that it is very US heavy and frustratingly, not visible in the 5i database. Could you please advise on option of xbal and aor, and also please look into integration of the AOR and comparable series?
Thanks
Peter

Q: In response to your market update of Nov.26; can you recommend an ETF for the S&P 600?

Q: In an answer to Numa this morning you stated that HYPT was down 1.1% this year. Just for clarification does that include the 17.27% dividend ? Thanks Garth

Q: Donald Trump is causing so much uncertainty in both Canadian and US markets. Canada might even go into a recession.

I know that you mentioned that we should not react to the Trump threat.

However, if I had to sell all my stocks and ETFs ($400k) and start from scratch today, what would be the top 20 stocks/ETFs ( US and/or Canadian) that that you would invest in.

Would you just buy SPY/ZSP.to/ VGT/ SCHG ETFs in the USA market for safety?

Fyi, I don't like bonds.

Q: If I am wanting to move money into an index fund next year, what are your thoughts on RSP versus VOO? I see they have more of a weighting in Financials and Industrials. Thanks.

Q: In a best case scenario, I think 4 years of Donald Trump in power will be chaotic and discruptive in the US and globally. In a worst case, I believe the US is heading for internal unrest/violence, and the certain parts of the globe will be at war. If you were a 74 year old investor who has done well listening to 5i the last 2 years, how would you now hedge against these scenarios?

Q: I have several 'Growth' companies which have grown quite large in both Cdn and US markets (Thanks). While I plan to let winners run, I am looking to take some capital out of those, and shift to areas of the market which are trading below their historical averages. Could you suggest some areas of both US and Canada to look for those areas? (Specific companies or ETFs which would target this both welcome)

Q: Can you go over your thoughts (other than sector differences) between these 2 types of products. I know they both use covered calls to generate additional income and that one is a split share.

Would a product like umax typically keep its payments at some level more consistently (as there is no preferred share to protect)? Is the upside (downside) potential higher on the split?

That is what I am thinking are the main differences but wondering if there are any other differences in how you see them.

If one was lookig at a swap from FTN to umax to keep a similar yield and lower leverage risk is that a reasonable view?

Q: Is there a Canadian dollar uranium ETF you would recommend?
Would you buy cameco at the current price $82 cad or wait for a pullback? Is it overvalued at todays price
Ty

Q: I am currently at loss with TLT in my cash account. I want to sell it as tax loss. I am thinking buying HYPT in margin account with interest rate of 7.95%. HPYT has yield of 17.27%. So, theocratically I can make 9.32% if I do not sell it. I want to hold it for a medium term 3-5 years. Does it make sense? Will it be more risky than investing in TLT?

Q: I am looking to move some recent high risk stock gains into a dividend/yield product (>7%) that is not a direct function of market equities as I think markets are very overbought. Would something like HYPT be appropriate and can you suggest a few other ideas? Thank you

Q: A conservative investor has these three ETFs. For a non-registered account would she be better off topping up one of these, or is there another ETF that would complement this group. With or without a dividend.

Q: What are your top 3 ETFs (US dollars) for general market exposure?

Q: Hi Gang
What are your 5 top Canadian income ETFs

Thanks Mike B

Q: Hi 5i

https://www.globalx.ca/product/hxdm#facts

I've looked at the "at a glance" section of HXDM (link above). It has a MER of 0.22 a mangement fee of 0.20, a trading expense ratio of 0.30, and a swap fee of 0.30.

The ETF has been around since at least 2018. Looking back, can you tell me what owners of this ETF would have paid in fees 2019 - 2023? It's hard to know based on the information below:
11
Financial Highlights (continued)
Ratios and Supplemental Data
Year (1) 2023 2022 2021 2020 2019
Total net asset value (000’s) $ 394,907 259,253 227,812 569,390 102,401
Number of shares outstanding (000’s) 12,317 9,520 7,129 19,751 3,771
Management expense ratio (2) 0.22% 0.22% 0.22% 0.22% 0.22%
Management expense ratio before waivers and absorptions (2) 0.22% 0.22% 0.22% 0.22% 0.22%
Trading expense ratio (3) 0.29% 0.30% 0.29% 0.27% 0.27%

TIA!

Q: Could you please provide a list of top US ETF’s that can be bought (low cost with great management)
a) using a US dollar acct
b) using a CDN dollar acct
3-5 for each.

Thanks

Q: I have held this fund for several years and it is now back to its purchase price. Not sure if I should sell or hold on for better times. Any comments above why it isn’t doing better?
Thanks.