Investment Q&A

Q: Dear Peter and team -
Request you to please recommend a model portfolio (ETF or Mutual Fund) for a 2021 RESP account. Thanks a lot.

Q: Hello 5I team. i'am trying to find a vangard low cost s&p 500 index fund VFINX (not sure of the symbol) Can't find it. What would be a canadian equivalent? vfv or vsp? thanks.

Q: I am interested in any comments that you might have on ZDV -BMO Canadian Dividend ETF. My interest is mainly for solid and growing income. This ETF has a higher dividend than some similar ETFs. Reading the questions and your responses is indeed a great education. Thank you. Len

Q: You answered a question from Ralph about using HFR as a "safe place to park excess cash sitting in a discount brokerage RRSP, perhaps for a few months, while waiting to invest it in the market". Outside an RSP I have used HFP to park cash. It yields 3.25%, receives benefits of dividend tax credit. It is not a big trader so there is a bit of a bid/ask spread, but I have found if I am able to wait a day or two I have always been able to get for equal to or better than my buy price. Any caveats?

Q: Do you have suggestions for safe places to park excess cash sitting in a discount brokerage RRSP, perhaps for a few months, while waiting to invest it in the market? I've used HFR (Horizons Floating Rate Bond ETF) previously.

Q: Hi

I've opened a family RESP for my kids age 5 & 13. At this time it has $5500. What is the best investment target for that account ?

Thanks

Q: could I please have your opinion on revenue shares large cap,(RWL)on the nyse, thanks? it is an ETF.

Q: Hi 5i team, I had some US dollars in my account so I followed your recommendation and bought IWO which I believe is same as Canadian XSU. However, I notice a big difference in trading volume. Can you explain how the zero point something expanses work? Thank you.

Q: Hi, wondering what your views and recommendations would be for a midcap 400 etf. Would you favor growth versus value? There are many choices like MDY, IJK, MDYG, IVOG, and then there's the ultras. What would you favor / company?

Q: Hi Peter
I have been overweight stocks for some time, and while it may still a bit premature, for piece of mind I would like to increase my fixed income weighting to approx. 30%. My feeling is that over the next 2-3 years interest rates in the US will slowly trend higher, and likely even more slowly in Canada. With this in mind, my bias is to allocate towards shorter term corp bonds, REITS, and Preferred issues (recognizing that the latter two are more fixed income proxies more than true plays). For each of these sectors do you think I am best allocating exposure via ETF's (for example, VSC, ZRE and XPF), or do you think that there is a case to be made for buying best of breed individual issues in each class. Specifically in concerns with the ETF approach is that slightly higher rates over time may see a fall in the price of VSC negate all of the dividend benefit (whereas holding an individual bond to maturity will ensure I earn a return), while I understand that there may be inefficiencies within the Canadian Preferred market (pricing/liquidity) which mean that an ETF may not be the best approach here either. Your thoughts would be most welcome. Thanks.

Q: Could you recommend a canadian ETF with US small cap exposure?

Thank

Q: I would appreciate your opinion on XHD for U.S. exposure. I already hold CUD. Are there other ETF's covering the U.S. market you would recommend, especially those holding U.S. companies with global exposure. Thanks!

Q: What ETF would you recommend for US exposure( one that trades on the TSX)? Do I concern myself with hedged vs non-hedged? Thanks

Q: Could you please offer any comments on the CDV ETF. In looking mainly for income it seems like a good product? Thank you.

Q: Hi Peter,
Many sources have indicated Mexico is due for a break out with new political leadership. Do you agree, and how would you play that possibility. How about EWW-N even with Fx risk? Thanks

Q: Could you suggest a consumer staples Can. ETF and a U.S. consumer staples etf hedged to the Can.$? Thank you.

Q: I would appreciate your opinion on the new BMO ETF, ZWH
Thanks (High div covered call)

Q: Age 75 years.Looking for a strategy and investments for my RIF in this low interest rate environment.Advice would be most welcome.Thanks for your consideration.

Q: What is your opinion of holding a senior floating rate loan ETF like BKL (or BKLN in U.S.)as part of the fixed income portion of a portfolio? Thanks.

Q: Which do you prefer XIU or ZCN and why? Thanks