Q: Do you have any information about either of these funds?Thanks Paul.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I have a question about mutual funds. I am looking at allocating a small portion of my portfolio to a mutual fund that performed very well in the first 3 months of the year (up 50%) and was at an all time high before pulling back. It is my understanding that annual performance fees are approximately 20% of profits beyond the permanent high-water mark. If I invest in this find today, after it has had its large gain, will I be subject to paying the massive performance fee despite the fact that I did missed the massive move to the upside? And is my understanding correct in that this fund will only take a an annual performance fee if it increases the high-water mark that year? Thanks
Q: Good morning...I am thinking of investing in mutual funds offshore in $US (ie no tax issues to be concerned with)...I have not invested in individual Global stocks(including US)rather focused on Canada. I am now deciding to invest a portion into some form of Global fund or country specifc (Japan)...Do you have any fund you could recommend and any countries you would recommed in addtion to Global...3 to 4 year time frame...growth in mind...also two or three global stocks you would own if you could with no tax issues to be concerend with..
Thanks
Matt
Thanks
Matt
Q: Hello Peter:
I am starting to look after my Mum's investments. Her guy at Odlum Brown has some of her money in this mutual fund, Frank Bissett Canadian Equity. The MER on it is 2.62%, add that to the 2% OB is charging her to manage her account and to me that's beyond ridiculous. It's heavily weighted to financials(40%) and energy(25%). Can you give me an the name of a Canadian ETF that would be equivalent or perhaps better? Thanks for all your great advice.
I am starting to look after my Mum's investments. Her guy at Odlum Brown has some of her money in this mutual fund, Frank Bissett Canadian Equity. The MER on it is 2.62%, add that to the 2% OB is charging her to manage her account and to me that's beyond ridiculous. It's heavily weighted to financials(40%) and energy(25%). Can you give me an the name of a Canadian ETF that would be equivalent or perhaps better? Thanks for all your great advice.
Q: Can I get your opinion on this fund maw150 global small cap for a Tfsa.
Q: I recently read an article about this fund just arriving in Canada, May 6 I believe. What interested was: It is an international fund and it is managed by Joel Tillinghast (SP?) who was mentioned in the article as an excellent manager of this fund. What are your thoughts?
Q: Is there any way to avoid paying the 1% trailer fee. I have a self directed investment account with TD. I have owned the fund for a number of years and its value is presently at $300m.
Q: Insurance salesman is recommending CI corp. class funds for 85 year old widow for all non registered accounts. it would be $600k of a $2m estate for tax purposes? The sale commissions seem high at 5% mer would be 1.5% for this account. They also recommend their t class funds for income. Your thoughts?
Q: My wife has a locked in basic RRSP with about 20 thousand that is only allowed to hold mutual funds and I think ETFs(no stocks). Could you please recommend a few mutual funds or ETfs that are growth maybe similar to IWO since 95% of our total holdings are large cap blue chip and on the safe side. Thank You all for the great service.
Chris
Chris
Q: Bonjour, I would like to have your comments on Fidelity Corporate Class Funds such as American Disciplined Equity Class, American Equity, Fidelity Europe Class and Fidelity Dividend Fund. Are corporate class funds an efficient means to reduce income taxes?
Merci
Merci
Q: Hi
My question is regarding how fees are charged by bank "portfolio funds" or fund of funds. The MER is reported in the prospectus, but would this be in addition to charges already in the underlying holdings?
Thank you
My question is regarding how fees are charged by bank "portfolio funds" or fund of funds. The MER is reported in the prospectus, but would this be in addition to charges already in the underlying holdings?
Thank you
Q: Appreciate your comments on this fund. What do you think it s 1 - 2 year prospects might be ? My $10K position would cost me $300 to exit.
Q: Hello 5i Team,
I have held Sentry Select’s Fund NCE 1032 since 2008 and it is up considerably. On the other side I hold several energy stocks which are not doing well, among them Surge Energy. I have taken some losses in Surge but should have taken the entire loss months ago. I just put too much faith in Surge management. Lesson learned.
I understand that I can exit Sentry in 2015 without any redemption fee.
Would it be wise to sell Sentry and offset that capital gain with losses from Surge and other stocks? That would provide cash to invest in other stocks.
Thanks.....
I have held Sentry Select’s Fund NCE 1032 since 2008 and it is up considerably. On the other side I hold several energy stocks which are not doing well, among them Surge Energy. I have taken some losses in Surge but should have taken the entire loss months ago. I just put too much faith in Surge management. Lesson learned.
I understand that I can exit Sentry in 2015 without any redemption fee.
Would it be wise to sell Sentry and offset that capital gain with losses from Surge and other stocks? That would provide cash to invest in other stocks.
Thanks.....
Q: Re Gerald's comment today (RY - Royal Bank) and his discovery of D-Series funds available thru RBC. I'm sure you will find this to be true for all banks as adverse to their affiliated Discout/Self-Directed brokerage's.
IE at TDDI (TD Direct Investing) they also offer D-Series funds.
I would suggest though that Gerald check-out their eSeries Index Funds. Out of the 17 listed on their Website 12 have MER's below 1% and NO Commisions to buy/or sell.
IE at TDDI (TD Direct Investing) they also offer D-Series funds.
I would suggest though that Gerald check-out their eSeries Index Funds. Out of the 17 listed on their Website 12 have MER's below 1% and NO Commisions to buy/or sell.
Q: Hello,
My friend bought an RESP for his child a few years ago and it seems to have done well. I've been trying to move him into the ETF world. What are your thoughts on CIBC Managed Aggressive Growth Portfolio please?
https://www.cibc.com/ca/mutual-funds/managed-portfolios/mngd-aggr-grth-prtflio.html
Thank you,
Brent
My friend bought an RESP for his child a few years ago and it seems to have done well. I've been trying to move him into the ETF world. What are your thoughts on CIBC Managed Aggressive Growth Portfolio please?
https://www.cibc.com/ca/mutual-funds/managed-portfolios/mngd-aggr-grth-prtflio.html
Thank you,
Brent
Q: Hi Peter and 5i team,
What do you think of the CI Financial fund called "Select Income Managed CC A". I want to park a large sum (in excess of 250k)? Is that a safe investment? What is the downside risk considering the possibility that interest rates will eventually start to go up?
Many thanks!
Michel
What do you think of the CI Financial fund called "Select Income Managed CC A". I want to park a large sum (in excess of 250k)? Is that a safe investment? What is the downside risk considering the possibility that interest rates will eventually start to go up?
Many thanks!
Michel
Q: I hold 25% of my RRSP's in PH&N bond fund D. I am wondering if I should sell it and replacing it with CBO CLF or XCB. There are no loads to consider as I have held this fund for several years. My concern is rising interest rates over time plus the cost of managing funds.
Your view is appreciated. Bob
Your view is appreciated. Bob
Q: i am 77 years old and have a lower 7 digit portfolio.
my occasional advisor wants me to change most of my investments ,particularly the RIFF to CI Guaranteed Retirement Cash Flow Series G5/20 or alike.I think that is too conservative and the commission is in the 3 % plus.
Your opinion please. Walter
my occasional advisor wants me to change most of my investments ,particularly the RIFF to CI Guaranteed Retirement Cash Flow Series G5/20 or alike.I think that is too conservative and the commission is in the 3 % plus.
Your opinion please. Walter
Q: It seems to be that this fund is certainly worth a look for sector exposure versus individual stock picking. I can see that its expensive to own but the returns seem to support the cost. That said, do you see this fund a worthwhile investment for sector investors in healthcare? TDB976 is the fund code. Thank you.
Q: Hi Peter;
I am starting my RRIF. The value of my RRSP is $164,000 which is currently in cash. My first withdrawal is on the 25 Dec 2016. I have to take out $4,000 per year which is based on my wife's age. This has been approved by BMO.
My plan is to keep $12,000 in cash to be used for the withdrawal of the initial three years.
I want to put the remaining $152,000 into Sentry Diversified Income Fund or Sentry Canadian Income Fund. I know the MER is high but they delivered over the longterm.
Out of the two funds which would you choose and can you recommend any other funds that would give me a steady income stream with some capital gains.
I am no longer comfortable with picking individual stocks and ETFs.
Thanks
I am starting my RRIF. The value of my RRSP is $164,000 which is currently in cash. My first withdrawal is on the 25 Dec 2016. I have to take out $4,000 per year which is based on my wife's age. This has been approved by BMO.
My plan is to keep $12,000 in cash to be used for the withdrawal of the initial three years.
I want to put the remaining $152,000 into Sentry Diversified Income Fund or Sentry Canadian Income Fund. I know the MER is high but they delivered over the longterm.
Out of the two funds which would you choose and can you recommend any other funds that would give me a steady income stream with some capital gains.
I am no longer comfortable with picking individual stocks and ETFs.
Thanks