Investment Q&A

Q: Hi 5iTeam,

I would appreciate your thoughts on STNE going forward. I am thinking of taking a position on this company for a 2-year hold.
Cheers,
H

Q: Going forward, if you had to choose between IAI and KIE, which would you pick at this point in time, and briefly why?
Thanks

Q: On Sept 21st I asked a question about Circle. In your response you mentioned.
- Buying the SPAC shares is the same as buying Circle, but note the acquisition has not closed yet.
- Like all SPAC deals we tend to be extra cautious.
Re the above points,
Can you elaborate on the potential concerns specifically with investing in Concord at the moment in lieu of investing in the new company after going public. (For e.g. Can we lose all our money, some of our money.. if the deal does not go thru…? Any other concerns?)

If you have any additional comments re Circle since Sep 21st, a few words would be appreciated. My understanding is that they now have $33B in circulation but do not know much more (and there may not be much more).

Thanks again. Your turn around time is amazing and the quality/detail of your responses is impressive. Keep up the great work. Have a nice day!

Q: I am scratching my head on this one! I bought some very cheaply in the recent market sell off. I am looking at the NAV of $18.10 (Sept. pricing). That seems an extraordinarily steep discount to what it presently sells for. Am I reading it correctly? Further, I noticed it passed up a termination date some time back but has another at 2023 year end. What would convince them to shut it down? Shareholders like me or something else? If something else what could that look like?

TIA

Q: Can you give me an opinion on how you would rank these three US Banks and how you determine that ranking and if you feel now is a good entry point for an initial position in any of them?

Thanks!

Q: Canadian banks.

Is there ever a downside to deciding to place capital into Canadian Banks?

As a percentage of a total portfolio, to what maximum would you be comfortable in holding several Canadian Banks?

Q: If you held ipay, would you switch it for arkf, if taxes on gain were payable?

Q: I am considering adding either SPGI or MCO to my portfolio. Which one would you prefer and your reasons please. Thank You.

Q: What is your outlook for POW? I saw recently that you ranked it below an number of others? i.e. your ranking was:
SLF, IFC, PRU, MFC, POW

Q: I know 5i favours SLF over MFC. MFC is cheaper, but I was surprised to see on Morningstar that it isn't by a whole lot.

I am a long term investor. I am looking at MFC from a 10, 20 year perspective. l did own it back when they cut the dividend, but am now considering adding it back in.

Is the company much improved from 10 years ago? Cash Flow metrics seem to be good. I was unable to find debt ratio though, and whether or not it was at an acceptable level.

How do you see MFC going forward, despite the present events in China?

Q: With the American banks having strong earnings, do you see the same for Canadian banks when they report. Which banks do you prefer.

Q: With the recent earnings out, do you think JPM has still room to grow or you believe it is mostly fully valued at the present price ? Thanks for your valued advices everyday !

Q: Hi, how can Purpose can fund a 0.6% distribution with a 0.15% management fee given how low bank deposit rates are? Thanks.

The fund documentation states ‘Deposits securely invested in cash accounts with Schedule 1 Canadian banks’.

Q: You had mentioned "GSY initially purchased a swap on the AFRM shares to hedge away market exposure" in response to another on GSY..Could you explain how share swaps works in this context? Thanks.

Regards,

Shyam

Q: Could you recommend 1 Biotech and 1 Fintech ETF? Can be either Canadian or US.

Thanks for your help

Q: Do you like Paypal or Square right now?

Q: With MasterCard recently announcing entry into the BNPL space, would this potentially make it a better purchase for a longterm hold than Visa, if adding only one of these companies today? Thanks for all of your advice.

Q: "Coinbase just announced that it will be taking on some of the biggest players in the hottest new market: NFTs." Saw this in the news, what does this mean for the future of COIN? To the moon?

Q: Goeasy down over 14% in the last 18 days. Something going wrong with this company?

Q: Thank you for your very appreciated service.

My question is, how can an investment in financial services like SLF be bullish when bond rates go up. My understanding is that the value of the bonds held will decline in such a scenario so SLF's balance sheet will be negatively impacted as well. Enlighten me, how does SLF benefit from a rising interest rate environment?