Investment Q&A

Q: Our portfolio manager is recommending the PIMCO Monthly Income Fund Series F (PMO205) mutual fund, as part of our fixed income investments. Is this mutual fund worth the high MER of 0.86? Morningstar gives it a 4-star rating and returns appear to be considerably higher than other comparable funds. In the event of a deep world-wide recession, is this fund vulnerable to losses? As a senior, capital preservation is my highest priority.
Thanks!

Q: Hi, can you give me a top level summary of the differences between Mutual Funds and ETF's? And which would you prefer when choosing funds to allocate dollars to the Global Market?

Thank-you!

Q: Please give your opinion on the following "F" series funds. Any comparatives would also be appreciated Deduct as many credits as necessary.

rgCF
LYZ801F5.cf
RCDB-NE
GIDY-T
PMIF-T
QTIP-NE
DXP-T
GOC703.CF

Thank you

Paul

Q: Could you suggest a suitable replacement ETF for RBF266?
Thanks Ron

Q: Are Canadian investors allowed to buy US Mutual Funds / ETF's?

Q: 1) is there a dividend
2) they do an "annual net capital gains distribution"? what does that mean?
3) is there a better choice in this field?
4) Better to wait or purchase now?

Q: Hi,

Brookfield Private Equity Fund (Canada) is not open for Individual investors and is only offered via registered financial advisor. I got below response against my query from company, FYI

"Individual investors cannot participate in this offering through their self directed brokerage account. Please reach out to your registered financial advisor or dealing representative to learn more about the offering"

Q: I am trying to reduce risk in my TFSA. I am 76 years old. What do you think of AGF GLOBAL SELECT FD CL F(808) as an option? Do you have other suuggestions for this strategy? What would be an appropriate percentage of bond exposure in a TFSA for someone of my age with a moderate tolerance for risk?

Q: Last week there was an article in the G&M discussing a new private equity fund that was being introduced by a Brookfield subsidiary. Would you endorse this product for an appropriate investor?

Thanks again for all of the great work that your team does!

https://www.brookfieldoaktree.com/fund/bpe-canada

Q: Hello,

Can I please get your opinion of this fund which I believe was launched in 2021. Thank you.

Dave

Q: is there a place on the net where you can find out what mutual /asset management companies are invested in [stocks] in canada

Q: Hi,

Could you please compare and contrast the risk, rewards and performance of these two funds? Which do you prefer and why?

Many thanks. Michael

Q: In general, what is your opinion on investing in Mutual Funds? I just want to follow a dozen stocks and the rest in ETF, Index, or Mutual funds. But I hear Mutual Funds have a high MER.

Q: Hi,

You have probably answered this before so apologies if you have.

In general, can you please briefly compare and contrast the following fixed income alternatives?

GICs
Directly held bonds (corporate or government)
Bond ETFs
Bond mutual funds

Thank you so much. Michael

Q: Peter, I’m also tiring of underperformance of MAW funds. Could you suggest alts for these two please? Thanks,
Rod

Q: I have held the Mawer Small Cap Global fund for several years. performance hasn't been too good in my mind. I am just about flat since original investment. How does this compare to other similar funds? Can you suggest other choices that may be a better choice?

Q: Is it a good one

Q: Ref Paul’ question about MAW120 on Oct 7. I’ve seen this article in August:

https://global.morningstar.com/en-ca/funds/why-we-downgraded-mawer-global-equity

Q: I have owned MAW120 for almost 10 years, and upon looking at its recent performance, I can't find any reason to continue owning this fund. Can you?

As per Mawer's web site (https://www.mawer.com/funds/performance) it shows results as of June 30, 2025 versus its benchmark:

MAW120 1yr: -0.9%; 3 yr: 9.8%; 5 yr 7.7%
Benchmark: 1 yr: 15.8%; 3 yr: 19.6%; 5 yr 13.7%

For the one year period ending June 30th it lost money! It's benchmark earned 15.8%. It has > 50% invested in the US market. I don't see how they could lose money over that time period. Can you explain how it could lose money when markets in US, Canda and Europe over that period were generally good. Even their International Equity fund made 23.3% over the same 1 year time period.

I will be "firing" them. I have sold 1/2 today, and will sell the other 1/2 next week. I would like to invest in the benchmark for this fund, or something as equivalent as possible. Can you suggest 3 ETFs for me to buy for global equity exposure that have significantly better performance than MAW120.

Thanks,
Paul

Q: Hi Peter,

My question is about Fidelity Monthly Income fund. I am looking for some diversification to my equity holdings. And would like to get an income fund that pays preferable a monthly dividend. I would also look at quarterly dividend. My question is does fidelity monthly income pay a dividend that would capture the dividend tax credit or is there a return on capital/interest component to it. Also what do you think of the fund and is there another you like that would check my box. thanks