Investment Q&A

Q: Portfolio Rebalancing: I am a senior and have a "balanced" investor profile. I am supposed to be 60% equities and 40% fixed income.
Currently I have 20% cash and only 5% fixed income - all of which are preferred ETF's like CPD, or something like ZWE.

I hold most of the companies in both your BE and INC portfolios as well as a number from your G portfolio. The performance has been very satisfactory. Thank you! Hence I have been reluctant to "act my age" and move to 40% fixed income.

This is turning out to be a difficult assignment in part because of "greed" .... or FOMO .....and wanting to hang on to the successful 5i stocks. The relatively few that have not performed have been sold, e.g. NFI, GUD, etc. and are part of my cash position.

The larger part of my problem is TIMING i.e. my concern regarding buying bonds right now given the excellent one year performance of bonds. Am I too late to make this transition from a timing perspective? Concerns here are regarding how much further can bond interest fall? And when the rates start moving up again, would not any increase in interest rates be offset by decreases in most of the bond funds that 5i has been suggesting for Fixed Income?

I would appreciate your guidance in understanding WHY I should buy more bonds now and developing a strategy to do so.
( I understand your not managing my portfolios but any help, information etc would be appreciated).

Thanks.

Q: Gentlemen, good morning
Can You please suggest few Web sites for searching ETF from Canada.
Thank You. Regards

Q: Could you confirm or clarify the following metrics on the 5i Company Profile pages:
Dividend Growth 3 Yr
Dividend Growth 5 Yr

I'm assuming these are annual or compound rates for the given time periods.

Thanks.

Q: I have 5-8% (20%total) positions on these utility type stocks; if we enter a melt-up type scenario in the markets? Would it be prudent to reduce my utility type exposure by selling 1/2 positions and invest in growth type names like Vtv, vfv, etc.? Or would it be in my best interest to hold steady and ride the curve and collect dividends, I'm approaching 70 years of age? Thank you!

Q: This is a follow up re: Derek's question on 8/16 for a list of Cdn dividend/distribution paying companies with substantial foreign ops. I have followed this strategy for sometime and developed my holdings by researching company filings and presentations. I hold he following companies which I believe have substantial foreign ops (revenues/assets/income of at least about 50% - some alot more) BIP.UN,ENB,AQN,BEP.UN,FTS,BPY.UN,GRT.UN,TCN,SLF,MFC,MG
Also - TRP,BNS,GWO and NTR have good sized foreign ops (less than 50% but still significant)
A good place to look for this company information is the segmented information note to the annual financial statements as well as company investor presentations. In some cases profits are not disclosed by geography and you need to look for proxies such as geographic revenues or assets or operational information.

Q: Hi,

I would like to invest a small lump with 1 year time horizon. What safe investments would you recommend? 4-5 Canadian stocks/ETFs. Non Registered Account.

Thank you,
Matt

Q: What conditions in Canada would need to change to cause a significant upward trend in the Canadian dollar? Thanks.

Q: I receive a e-mail lattely to sell Alcanna, dhigh Artic Energy and Versabank that are part of the Growth Portfolio. Theses names are part of the grow portfolio, and when I look at the Growth model Portfolio, the name are still there. Any reason why?

Q: Market Outlook

I realize that I am asking for an opinion and will take it that way.

I have some cash that could be invested, but am not sure when to buy in. (financial sector is what interests me the most.)

Based on your decades of experience how would you decide on when the present down ward slide is near bottom. Please provide your top 5 indicators that there is "blood in the street" and could be a time for buying.

thanks

Ernie

Q: Do you have any advice for buying stocks one likes during a sell off? I tend to divide up my cash into about five amounts and buy gradually after the first bounce following a big sell off, like we had yesterday on the S&P 500. I also look at futures and European exchanges to see what might be coming at us next. Some Portfolio managers recommend buying when the ten day moving average of the index turns up. However they then go on to say nobody can predict a market bottom. I also read that stocks which bounce most strongly are the ones to go for as they are the companies everyone wants to own. Any insight welcome.

Q: Can you explain how an investor can get a negative yield on a bond? For instance German 10 year bonds have a negative yield. Does that mean that there is a premium paid on the price say 102.00 and investor receives 100.00 at maturity. Does the investor receive semi-annual coupons like other bonds? Are the coupons more than 0.00 or are they negative also? Thank you.

Q: In your experience, please name a few analysts/brokerages whom you would consider fairly reliable in terms of stock recommendations, ratings, price targets, etc. in both Canada and the US.

Thanks.

Q: Hello 5i
Going fishing here ... You've provided a coverage drop list ... will we soon see a coverage update containing additions in the near future, perhaps in response to this email?

Curious,
Mike

Q: What’s is your opinion of a SPAC ?
Thanks
Rick

Q: Hi, Does the market price movement following the announcement of secondary issues, influence the determination of offering price, or companies usually base it on the closing price at the time of the NR ? LSPD closed at $47.75 before the issue was announced and has dropped to $40 in 2 days. The issue is still open at many brokerages. Any comments/insight, please. Thanks

Q: Am I likely to pay more for subscribing to new issue or should I wait and buy on the open market after the price is announced

Q: #1. Are there any key indicators that would suggest a recession ?
#2. Would it be a good idea for an investor to get out of the market and buy back in later, thinking there will be a recession soon and a downward stock market.

Q: I have been rebalancing my portfolio over the past six months, reducing financials and energy and increasing utilities, telecoms, and US technologies ( all in companies you have been positive towards). I remain overweight financials, with Canadian Banks and insurers. I do have a very long term horizon, say 25 years, so if history and my nerve holds, my wife and I should have the desired dividend stream and a decent shot a capital gains over time. However, after reading yet another “we’re all gonna die” column from Dave Rosenberg, it made me wonder if I shouldn’t continue my shift and sell down more financials and increase in sectors with strong dividends that might better weather the storms that may or may not be imminent. What are your thoughts?
As always, I value your opinions. Thank. You.

Q: In regard to high interest saving guarantee(previous question ) ,how much one could have to secure comparing with premium money marked fund and the difference on return?
Thank you.
Ebrahim

Q: Is there some sort of Norbert's Gambit for converting Cdn$ to Euro's. Tx