Investment Q&A

Q: Is it reasonable to sell TLT and replace with EDV to register a capital loss but keep exposure to long dated treasuries. As well as a better yield while waiting.
Thank you

Q: So now that Horizons has suspended new issues of this ETF, the unit price dropped by about $1.50. will the price continue to drop until it reaches net asset value. In this case at what price should one target to buy this ETF. Do you expect the price to continue to decline in the short term. What would be your advise? Wait or buy now?

Q: Hi 5iResearch

These two names seem to be different series for the the same etf, right?

If I am right, why do they have different prices per unit and how could their dist, be different while both are having the same underlying securities?

Could you please advise if there are differences in risk?

Do VBAL and XBAL also have different series?

Please as many credit as the question requires.

Thank you

Q: In a follow-up to my question earlier, if I understand correctly the fund should go down another 1 1/5% as per your answer:
''HSAV has suspended new units, so investors can only buy in the market. Thus, it has traded at a premium to its asset value, and the premium is slowly decaying towards true asset value. The units are about $1.50 above asset value currently. But it can still move higher with any big buy orders coming in.'' unless a white knight comes in to buy a large order...

What happens with the yield that the fund collect with the high yield savings account it's invested in? Does time invested in the fund add value? In other words how is one supposed to make money or even hold on to one's money beeing invested in that fund? In your January 9th answer to a question asking for stability and income you put HSAV at the top of the list.
Frutrated investor...
Stll thankfull for your service.
Yves

Q: Can you explain why a money market fund like HSAV have ups and downs? This fund has gone down 2 days in a row from March first.

Q: For the next year in a registered acct. please explain the pros and cons of buying into a bond fund vs a money market fund. Goal is capital preservation and help to match inflation.

Q: I am looking at adding a 15 to 20 percent bond component to my portfolio. From the mix of laddered, aggregate, short/long term and high yield ETF’s listed. Which would you recommend and why? Please let me know if you have other possible suggestions? Thank you

Q: What are the pros and cons of owning these T bill etfs as a place to park cash as opposed to GICS or Bonds?

Whether usd or cad would not be a factor.

If you like them which one would you favour?

Thanks.

Thanks.

Q: Hi 5i Team,
I have a small position of Emera cumulative redeemable preferred shares class E that trading at about 18.25$/share as per this morning. They had 4.5% per annum dividend payment so they have a 6.1% yield at current price.

I would like suggestions to diversify that part of my portfolio. (It's not a big weight in my portfolio but I would like some diversifcations options... Options could be other companies preferred, bonds, bonds ETF etc. since they are basically having similar behaviors in the current yield environment.

Thank you, Michel C

Q: Hi 5i Team,

I'd like to know the difference between ZJK and ZJKU please. The AUM is very different but the prices aren't that far apart yet appear to be in different currencies.

Also would you have a preference between these two and XHY?

Thanks as usual for your great help.

Q: Hi Guys
will the default level not go through the roof on all these Corporate Bonds in the next few years when they have to re issue debt at much higher levels ? and wont a recession really contribute to high bankruptcies.
What kind of a correction in this ETF can we expect, something along the lines of 30 %, Algonquin Power was sure hit hard with higher floating rates.
Thanks Gord

Q: hello 5i:
can I have your thoughts regarding on receiving income from the 2 names above? Recognizing that the FTS shares pay a 6% dividend and the CSU shares a 7.2% dividend, can you discuss safety, trading volumes, and most important, the outlook for the future. If YOU were looking for income, which would you prefer?
thanks
Paul L

Q: Can you recommend a good high-quality corporate bond ETF(s) that has an attractive current yield? Preferably U.S., but I'd be interested in a Canadian one as well.

Q: Hi Peter,
I would like your opinions on Discount Bonds ETFs vs regular bond ETFs. My understanding is that discount bonds etf is earning interest income comparable to regular bond etfs, but when the central banks decide to cut rate down the road, discount bonds etf will generate higher capital gain than regular bond etfs. So at this point of inflation and rate movement, is it better to purchase discount bonds etfs? Which discount bonds etf is your favourite? How’s your favourite as compared to DXDB and ZDB? Thanks.

Q: Hi, my broker advised to get a BA (bankers accepted note) to park cash. Could you advise on pros and cons compared to a-cash etf. Eg. PSA.It pays 4.6% at maturity. Can you buy these with online brokers.

Q: Last year I invested in XSB, thinking that the "Short" aspect would be the better place for bonds. Unfortunately, the value has fallen, though perhaps not as much as other bond ETFs. What do you expect to happen with XSB as we go forward?

thanks

Q: Assuming terminal rates will be higher in the US, versus Canada, would you suggest parking new cash in HISU versus PSA, or indeed switching a current position from PSA to HISU?
Thanks. Peter.

Q: When a Corporation needs Cash and decides the best route is through issuing corporate bonds. What are the steps involved? How long does this process typically take? Are there good resources/sites that you would be aware of to learn more about this process?

Thank you

Q: I own some of the above preferred shares which reset on April 30/23. If Artis REIT does not call the preferred they reset at 5 year GOC (currently 3.454%) plus 3.93% or about 7.38% . Alternatively, I can covert to the floating rate of 90 day t-bills (currently 4.7%) plus 3.93%. or about 8.63%. I noticed not many preferred with the option to convert to floating rate are successful as they normally require a minimum number of shares . Is there a reason? Are t-bills rates more volatile than GOC rates? Any recommendations?

Q: It looks like we could be heading for a market correction, where are a few good safe place to park cash for up to 6 months..