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?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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
Q: Who are the top 5 mutual fund managers out there now in 5i teams eyes, also what does 5i think of the tangerine mutual funds?
thanks
thanks
Q: I am needing to add more bond/secure type investments to my portfolio. I am 70 years old and only have about 20% of my portfolio in bonds. However there are two funds that I currently have in my portfolio that have done quite well in the past year or two, and their track record is a good one. They are Signature High Income and Mawer Tax Effective Balanced. Both carry approximately 50% of their portfolios in bonds so I am considering selling off some ETFs and stocks (PKI and BCE) in order to increase my bond % through these funds. I also have some XBB. Any thoughts on these funds or XBB?
Q: Is there anytime that Segregated Funds make sense?
Heather
Heather
Q: Hi Peter and staff,
Please give me your opinion on this fund. BAROMETER DISCIPLINED LEADERSHIP HIGH INCM FD CL A.
MER+TER is 4.84%
the fund may also pay annual performance fee to the portfolio manager equal to 20%of the amount by which the value of the Fund exceeds the value of its benchmark.
Your opinion would be greatly appreciated.
Thanks Shirley
Please give me your opinion on this fund. BAROMETER DISCIPLINED LEADERSHIP HIGH INCM FD CL A.
MER+TER is 4.84%
the fund may also pay annual performance fee to the portfolio manager equal to 20%of the amount by which the value of the Fund exceeds the value of its benchmark.
Your opinion would be greatly appreciated.
Thanks Shirley
Q: Good day, I have had this European ETF for just over a year and it hasn't done very much, but is now up 5%. I assume due to the stimulus packages. It is only 2.5% of my portfolio. Should I be looking at other International diversification somewhere else, or would you keep this as part of a balanced portfolio. I do also have TD International Index - eTDB911, which also has some European and Asian exposure.
Q: I am interested in purchasing some corporate class T series mutual funds Or other similar products which give a ROC . Can u explain advantages and particularly disadvantages of these products in terms of erosion of capital . The goal is to defer income and capital gains to a future date as I don't need it now.
Also can u recommend which company and products are best in the corporate class series. Thank you
Also can u recommend which company and products are best in the corporate class series. Thank you
Q: I believe I am past the minimum holding periods and am trying to salvage what I can from the venture fund disaster (originally was a Vengrowth fund). I can't see holding this but would appreciate your insights. Publish if you wish. Thanks.