Investment Q&A

Q: I've been sitting on a 34.5% cash position waiting to see what President Crazy does between trade wars and real wars to the markets . And I have owned NLY in the past . Years ago it was one of " Grant's " favorites . But I was thinking of parking a little { somewhere between a 4% and 6% position in my RRIF } in some high yield moderate risk investments. Seeking Alpha recently recommended NLY.PR.F preferred yielding 8.8% ..... The only hiccup I saw on a long term chart was the Covid crash. It didn't move much on Liberation Day .......Could 5i give me there opinion on what factors might create volatility with a 5i opinion on whether this is a " good or bad idea " ? ...... Or do you see safer places to get a similar yield ? ..... Thanks for your terrific service .....

Q: Would you please recommend a few CAD rate-reset preferred shares, excluding telecoms and banks.
Thank you
Jerry

Q: Could I get your views on the preferred share part of a couple split share funds, in particular the two above, which recently had new issues. I am not interested in the equity side of the split shares, but the recent preferreds have caught my attention, admittedly from the relatively high yield and the underlying investment being in solid companies. How consistent/sustainable are these dividends and what are the downsides to these stocks?
Thank-you

Q: Hello,

Is it possible to know a bit about what might happen to this preferred share in the current context and in the coming years? Is it a good choice among perpetuals? Would any other quality perpetuals come to mind for income and some capital gains?

Thanks.

Q: I note that HLPR is a total return ETF. How solid do you think it is for purchase in an unregistered account? I would like to shift some of my income in the unregistered account from interest to capital gains. Thanks!

Q: Over the next six months I am looking to rebuild my preferred share allocation to 8-10% of my investment portfolio. Brookfield Asset Mgmt, Power Financial, Fortis and Intact are of interest. Some perpetual and some rate reset. Any issues with this strategy?

Q: Assume that these shares were reset today , what would be the

effective dividend on a percentage basis. Thanks BRIAN

Q: I have a base of preferred shares ETFs to help counterbalance the tech stocks and their volatility, and these ETFs generally move very little in a day. Wednesday was an exception, with TPRF and CPD in particular, down more than 1%, and the others down quite a bit, as well. This despite the TSX and all other indices being up. Would you care to speculate what made all the preferred shares ETFs drop in tandem on Wednesday?

Q: I have made good gains and dividends on fts.pr.g over time ,now at $25 trim ,sell or hold as I do not know how long this will stay up?

Q: How do you feel about this laddered preferred etf as a stable income provider mixed in with some growth stocks such as (CSU, TOU, EQB, Shop and TRP) for a retiree, in this falling interest rate environment?

Q: Is there withholding tax in a TFSA

Thank you

Q: I see Galaxy is down after hours on news of some sort of a share offering. Can you comment please? I’m guessing that this is not an issue - growth companies need to raise money to gown. Just interested in your comments. This stock has been a good performer for me and I was planning on just holding. Thanks,

Jason

Q: What role can a Preferred Share ETF play in an income portfolio? With the current values of the bank stocks would it be reasonable to move some of the bank monies into a Preferred Share ETF to take advantage of the higher payout? If so which ETF would you recommend?

Q: Greetings 5i, I am concerned about the current outlook for preferred shares, say 1 - 3 year horizon. What is your opinion on a switch from preferreds to short - mid term bond etfs over this time period? Thank you.

Q: Hi 5i

A bit curious. I haven't found any questions on BN preferred shares. the dividends look very good.
If you were looking at buying some which series of preferred would be OK with.
I've usually done well with your OK answer.

THx
Gerry

Q: It’s time for me to rebalance my stock portfolio. What I usually do is figure the percentage that’s in each sector and I include the preferred shares in the sectors. Does it make sense to do this? Maybe preferreds should be part of the fixed income. Your thoughts on this is appreciated.

Q: i owen several 5 year rest perfered shares.I would like your opion on to hold them and if they are a ok hold for a period of time. they have performed well the past year.

Q: Can you evaluate EU's recent senior notes offeing and the market dip on the common shares?

Q: Peter; With Canadian rates low, and may go lower, would it not be to BPY’s advantage to redeem this proffered at $25.00 next July? Any other comments would be appreciated. Thanks.
Rod

Q: Hi Team,

This new offering from Strategy came on my radar and I'm wondering if it's on any of yours at all? If we take the company at it's word that it will pay the 9%-10% dividend and keep the share price consistent, it seems like a good option for short term cash or just a place for a probable good rate of return (though they have stated the dividend can be adjusted higher or lower based on demand for the product --> very high demand=lower dividend rate and vice versa). I'm wondering what your thoughts are on this product and also more broadly the tax implications for US dividends for a Canadian investor in this situation.

Thanks very much