Investment Q&A

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

Q: can you give me your valued opinion on the barometer global macro fund.can i get your view on this fund and your risk assessment of it.also is it a good long term hold for 3-5 years as 25% of my retirement fund.i am 52 years old and retire in 10 years with fingers crossed haha

Q: Can you give me your opinion on Barometer Tactical Balanced fund as a RSP holding for the next 3-5 years.

Q: I hold both Blue Ribbon Income Fund ( 6.4% dividend) and Canoe EIT income fund (10.2% dividend ) Blue Ribbon is 6% of my total portfolio and Canoe is 1% of portfolio. Would appreciate your thoughts on both of these and would you suggest selling and if so what would you purchase.
Second question, a little out of the box but if you wanted to start a risk portfolio, maybe 2 stocks, which ones would you recommend. By risk I mean potential to lose but with a potential upside to make a big profit in the next year or two. You might call this a speculation portfolio that has the money you can afford to lose.

Regards

Wayne
I just joined in July and do enjoy the information you put forth.

Q: I have some money in the Steadyhand Small Cap Fund, which recently changed managers, now Joe Sirdevan from Galibier. Do you know him and his track record at Jarislowsky, where he was previously? Would you recommend him as a money manager?

Thanks.

Q: NOT TO HAPPY WITH THIS FUND. SHOULD I SELL ALL NOW OR WAIT FOR DISTRIBUTIONS TO BE PAID THIS MONTH? WOULD YOU PLEASE ADVISE A BETTER PLAY FOR FIXED PORTION OF PORTFOLIO. WE ARE IN OUR EARLY 70'S AND RETIRED WITH 60% EQUITIES, 25% CASH, 15% IN GGF31222. WOULD LIKE TO BEGIN DEPLOYING CASH IN THE NEXT FEW WEEKS FOR SANTA RALLY. YOUR THOUGHTS PLEASE.

Q: I am currently trying to diversify my portfolio with US and international exposure.I know you or i do not like fees but i have no experience in this area and you do not provide a US model so i am asking your opinion on investing in a hedge fund or looking at funds like Cambridge in particular provides but at a 2.45 mer.Please help me in my goal to diversify my RRSP