Investment Q&A

Q: Recently, I took over a financial advisor managed portfolio, which included these two mutual funds. Since I prefer ETFs instead, I wonder which ETFs might be most suitable to replace these funds.
Thank you, as always!

EdgepointGlobal EDG100,Capital Group CIF823

Q: Hi

I have about $45000 invested in TD bank, AQN, Northland Power, BEP.UN, SIS, TOS3,and IPL. I have another $45000 I want to invest in long term (5 to 20 years), safe investments that I don't have to worry about, as I don't like checking my stocks everyday. I like dividend growth companies. I want to Invest in TDB972 but with my account set up with CIBC Investors Edge, I can only invest in other TDB mutual funds. Looking into changing this. I was also thinking of putting more money into AQN, SIS, and buying some BNS stocks. Do you think in the long term that these are good choices? Also, what do you think of TDB972? Should I try and change my account parameters to invest in this, or are there other better options with TDB mutual funds? I am open to hear about other good mutual funds to invest in that you think are good, sound, long term investments. Thanks

Q: Recently came across this fund - Resolute Growth/ Performance - it was / is being run by Tom Stanley - I believe it is closed to new investors - but according to what I read it has performed incredible. Do you have any background to this story - what did they invest in to get these kind of numbers? Just found it very a interesting story.
http://www.resolutefunds.com/rgfstory.html

Q: Hello 5i
I am invested in Bruce Campbell managed Canadian equity growth fund with the purpose of offloading some of the small cap investing decisions.
Do you have another suggestion for similar fund style ( small aggressive) that may contain less POT stocks? Seems this fund has tilted toward Healthcare (50%) ie pot.
Thanks
Dave

Q: 'Liquid Alternatives' seem to be gaining some hype these days. Could you explain what these might be and if they are good investment strategy? Some examples perhaps?

Thanks for all your support.

Q: Hello and happy new year 2019

My question today is regarding xhy which is composed of high yielding US corporate debt but trades in Toronto in Canadian dollars. It mentions CAD hedged. Performance of Xhy is rather dreadful since Oct 2018, is this independent of the two curriencies ? I would have thought that a depreciating CAD would help boost the NAV. Or would an appreciating CAD boost NAV. Your thoughts ? Also, could you recommend a mutual fund equivalent of Xhy (albeit with higher fees).

Thanks so much

Daniel

Q: Hello,
I currently own the mutual fund Trez Capital Yield Trust Fund in my portfolio. It pays an attractive yield of 8%. However, I understand that the parent company Trez Capital is currently winding down its operations. It is currently trading at $0.50 a share. Is my investment in the mutual fund secure or would you advise me to sell the fund and redeploy the funds?

Q: Could you please give me your opinion of this fund? My son has a lot of cash in this fund on the advice of his financial advisor.

Q: In the past I have had very good results from investing in Mawer Equity Funds. In world markets, I have found that they typically outperform the comparative benchmark. I have virtually no exposure to emerging markets so thought that I would invest a small percentage of my assets in the Mawer Emerging Markets Equity Fund. Currently, because it is a small fund, the MER, all in, is in excess of 1.9% and at mid year they were underperforming the emerging markets index; however, I believe they have outperformed since that time. I understand it can be a very volatile area of the world to invest in but thought I should be there so hopefully have picked the fund that will perform best over a 10 year or so period of time. I recognise that this fund has a much higher MER than an ETF but thought that this may have value in this area of investment. I appreciate very much your comments. Thank you.

Q: Good morning team! My son has about $65,000 in RRSP, he's 33 and low knowledge about investing. He contributes $100 weekly into one bmo mutual fund only (classified as growth fund) with a MER of about 2.45% . His personal rate of return for 5 year average is 6.9%. Thoughts please and what is your suggestions based on a limited informations given.
Thank you as always! Jacques

Q: My sister in law recently met with her new advisor at Investors Group. He felt her current Rrsp investments were to risky and is recommending Maestro balanced portfolio to be known as IG Managed Risk portfolio-balanced effective November 1. She has no work pension or other assets other than her Lira and Rrsp account with investors. She has little to know knowledge of finance or investing which is why she is with Investors and hopes to retire in 5 years. Is this a good and or appropriate fund for someone like her? Are there any specific questions she should ask or clarify with her advisor. I did look at the one page fund fact he sent her and thought the fees were high and it looks like it is a fund that owns other funds. Any comments would be appreciated.
Thanks

Q: Hi: I would like your opinion on the above named fund. The monthly payment is good but I have some overall misgivings about it. Hence I am turning to the experts. Thanks so much for your wonderful service. - IA Clarington Strategic Corporate Bond Fund
Cathy

Q: Peter & Ryan-- Mary and I have about 2 million dollars invested in the Mawer family of funds. These funds are fully managed by an investment counsellor and comes with a MER of 1 %. Our intention was for the funds to be used for estate planning because we have enough other income to live on over and above these funds..
Our question is to get your opinion on what to do with these funds now that they are put up for stratigic review and possible sale.
Other than putting the company for sale,we have been very happy with everything they have done for us. Thanks in advance
Pete and Mary

Q: What are your thoughts on the following funds:
BMO Sélect trust growth portfolio and BMO growth ETF portfolio class? Thank you!

Q: Good Morning,
Any further thoughts on the potential sale of Mawer? I understand this company was founded by Charles Mawer back in 1974 and it is a privately owned firm . Does the Mawer family own the company? Or is it structured like a partnership? Perhaps the portfolio managers and employees own the company? If sold to a bank for example can I assume the culture would change significantly and many of the existing employees could move on, assuming they are more entrepreneurial perhaps then the bank culture ? Any thoughts would be appreciated.
Thanks

Q: This Question is about Mawer Investments. On BNN Bloomberg this morning there is a report from Bloomberg that Mawer is considering options including possible sale. Do you have any information on this development?

Q: Peter,

I am intrigued by the mutual funds in the EDG series for global exposure. ie EDG 100 etc. I see the MER is 2.13 and minimum investment is$20,000. What is your take on this company as an investment for global equities.

Thank you

Paul

Q: Hi.

Comparing Global ETFs (XEF, VXC) [7-year AARR ~6.3%] versus MFs (RBF1067, RBF1370, MAW120, AIM1593) [10-year AARR net MER ~10%].

Hard to compare these with the tools I have at my disposal, but it appears that smart management of Global investments maybe be worth the MER ding. Your thoughts?

Haven't owned in MF in years, but maybe it makes sense here...

Thank you.

Q: Could you list a few of your favourite income mutual funds?
Thanks

Q: What do you think of Fiera selling mutual fund business to Canoe?