Investment Q&A

Q: I am thinking about replacing MAW102 in my RRSP with a combination of ZWE
and ZDI or MAW150 ( Global Small Cap Fund) to enhance income with some
growth. What is your opinion of this change? Joe

Q: Hello 5i
I would like your opinion on Fidelity Asset Allocation Private Pool Series S 8 (138).
It is the only fund I have in a corporate account, that I am drawing income from ( approx. 8%).
Also, could you suggest an alternative strategy for this account. Best regards, Bill

Q: WANTED TO BUY THESE ETF'S NOW. DO YOU THINK THEY ARE GOOD TO BUY
NOw? WOULD YOU RECOMMEND JUST GOOD COMPANIES INSTEAD.
THANKYOU.
PAULINE

Q: Good Morning,
Looked into the Mawer106 Canadian Equity Fd.and see many of their
holdings are the stocks you always recommend.
Your opinion on this Mutual Fund? Is it a good time to buy now?
Thank you so much.

Q: I am looking at moving a significant chunk of our retirement money into either/both the Tangerine Equity Growth Portfolio and the Tangerine Balanced Growth Portfolio in an attempt to follow the 'one fund solution'. What are your thoughts and are there alternative index funds you think may be a better bet. This is my first question (membership was a Christmas prezzie from my dad)!

Q: It has been suggested to me that a high percentage of one's investments should be made outside Canada as this is what most pension funds do since Canada is such a small part of the world's capitalisation. Do you concur with this belief re investing? In Canada, in particular, and in the US, to a lesser degree, I have a wealth of information about specific companies. In the rest of the world it is difficult to obtain good information and to buy except through ADR's. Thus my best way to invest is through Mutual Funds or ETF's. It seems to me when I look into Global ETF's that none that I could find matched the long term performance of MAW150. Since I tend to hold an investment for a long period of time, short term fluctuations in value are of little concern. My biggest concerns are the MER of 1.74% per annum and the possibility that Mawer will not match future performance with past performance. Is there an ETF that has a good track record or a different Mutual with a low MER that matches or beats MAW150? If MAW150 is the best, then based on your response, I may purchase up to 25% of my assets in it. With this change in asset mix approximately 50% of investments will be outside of Canada. Thank you. I value your opinion very much.

Q: Hi 5i team, my IA has me in FID269 in my LIRA and RRSP, do you think that this is a good fund to hold in either of these funds? I won't be accessing either for many years so I would like to take advantage of both these registered accounts during that time. Can you suggest an alternate?
Thanks

Q: Hi,

Can you provide your opinion on this close ended fund. Based on the investments within the fund I can't wrap my head around how they get the +8% yield. It appears they use some leverage and possibly part of the yield is return of capital but even if that is correct it seems high. I currently own XTR and it has met my objective of steady income. If you think this will perform similarly I'd be happy. Will invest in this inside an RRSP. Thanks

Q: Please could you see if symbol XTD would make for a good investment idea. is this a CEF or a mutual fund and how can we make sure about the valuations. Thanks

Q: Hi there, I can't seem to find any information about this mutual fund. Do you know the symbol for it? MER? Performance? Also, how can I reach the Desjardins fund team?

Q: Hello 5I Team
I own Maw150 and Maw106 in my RRSP as part of my portfolio, Maw105 i did very good this Year but Maw150 i had a negative return .My question is do you thing the Maw150 will rebound this year and have a better return and do you think Maw106 which is the Canadian Equity will continue to do well or have a softer year in returns ?

Thanks
Claudio

Q: Peter; With respect to Peters question on the Mawer Funds I noticed today in my BMO Investorline the dividends being credited to my accounts. Rod

Q: Greetings

First, Happy Holidays and Merry Christmas to all the staff at 5i.

In the last couple of days I have noticed that my Mawer 104 & Mawer 105 have dropped significantly. The overall markets, at least in Canada and the US, have been healthy.

Can you help me understand why this is occurring?

Thanks.

Q: Comments Please

Q: Hello 5i
Have allowed MAW150 to become a heavy weighting in Portfolio.
Are you able to comment on potential sources for its lack of performance through 2016? I am a little surprised to be down on the year.
A recent article on MAWER indicated they have likely run out of good investment ideas and their previous choices have run out of juice.(Top award winners in Mutual Funds regressing to moderate performance)

Would you just let them do what they are paid to do (MER= 1.74%) or would you choose to reduce (MAW150: 74% International allocation-Oct 31) by shifting capital to US oriented ETF - XMC?

Portfolio Geographic allocation for International vs USA are about equal currently.

If something else comes to mind as you consider this questions please feel free to add.

Thanks
Dave

Q: Overnight it would appear that this fund has lost 7.73% of its value.
Would this be as a result of a special dividend paid but not credited or has its net asset value dropped significantly and abruptly?
Dave

Q: I have owned this fund SPR006 for 10 years of ups and downs. Is currently just above water and would like your opinion in the current environment, Hold ? Sell ? replace with what ? possibly at lower carrying costs. Appreciate your advice.
John

Q: A follow up to my yesterday's question, you have suggested "better alternatives". Would appreciate you name some of them. Many thanks, J.A.P. Burlington

Q: A friend asked me to look at a mutual fund that lists the Mgmt/ MER @ 2.00% & 2.78 %. Does this mean the fee's for the fund are 4.78 % Why do they bother to separate the two percentages ??

Q: Fund managed by J. Zechner & Assoc. - looking for a comment on the timing/safety of purchasing some units along with coupon rate reliability. Thanks