Investment Q&A

• Enbridge Inc. (ENB)
  • View ENB Profile
  • View Questions on ENB
  • View Reports on ENB
• Fortis Inc. (FTS)
  • View FTS Profile
  • View Questions on FTS
• iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
  • View CPD Profile
  • View Questions on CPD
• Global X Cash Maximizer Corporate Class ETF (HSAV)
  • View HSAV Profile
  • View Questions on HSAV

Q: I would like 3-4 ideas for investment to be held in cash account. I don't need the money unless an emergency and was thinking of parking in a few solid pref shares perhaps to pick up a decent tax efficient yield but open to alternatives.

Upvote 3

Read Answer Asked by Steven on April 14, 2025

• Zentek Ltd. (ZEN)
  • View ZEN Profile
  • View Questions on ZEN

Q: Could you kindly summarize this NR in layman terms.

https://www.zentek.com/news/zentek-announces-closing-of-2-000-000-non-brokered-private-placement-of-debenture-units/

Thank you

Upvote 1

Read Answer Asked by JACK on April 10, 2025

• Fortis Inc. Cumulative Redeemable First Preference Shares Series F (FTS.PR.F)
  • View FTS.PR.F Profile
  • View Questions on FTS.PR.F

Q: Hoping you might be able to provide some insight as to why 'many' of my preferred share holdings are loosing value even when interest rates appear to be falling with expectations of a recession? Reviewing your earlier posts my understanding was Fortis is a solid company and valuations could be adversely affected with interest rates.
Truly appreciate all your great support. Ted.

Upvote 2

Read Answer Asked by Ted on April 07, 2025

• S&P/TSX Composite Index (TSX)
  • View TSX Profile
  • View Questions on TSX

Q: With a flight to quality looming due to the uncertain outcome of a global tariff war, how do perpertual preferred shares fit into a conservative fixed income portfolio?

Upvote 2

Read Answer Asked by adam on April 03, 2025

• Brompton Flaherty & Crumrine Enhanced Investment Grade Preferred ETF (BEPR)
  • View BEPR Profile
  • View Questions on BEPR

Q: Are these dividends eligible for the dividend tax credit even though the fund is largely composed of US preferreds.

Thank you

Upvote 1

Read Answer Asked by JACK on March 25, 2025

• Fifth Third Bancorp Depositary Share repstg 1/1000th Ownership Interest Perp Pfd Series I (FITBI)
  • View FITBI Profile
  • View Questions on FITBI

Q: FITB has a preferred issue, FITBI that looks interesting to me. Is it a good fixed income alternative or is there a superior Canadian option?

Upvote 1

Read Answer Asked by David on March 24, 2025

• Premium Brands Holdings Corporation (PBH)
  • View PBH Profile
  • View Questions on PBH
  • View Reports on PBH

Q: What do you think of debentures and do you think this is a good way to possibly hold as a proxy for ones bond side of your portfolio? How are they different from preferred stock? Do you think PBH are a good choice of company to hold them with? I have cash coming out of GIC's and am looking for a better rate now that GIC interest has gone down. Is the Div of 5.5% safe and is it considered interest or div for Canadian taxes? Is it good to get in or wait with a new issue regarding the price- do they tend to fluctuate with the market? Thanks so much.

Upvote 2

Read Answer Asked by Pat on March 21, 2025

• Premium Brands Holdings Corporation (PBH)
  • View PBH Profile
  • View Questions on PBH
  • View Reports on PBH

Q: Hi- PBH has just issued a debenture paying 5.5%- would this be a decent fixed income investment for a medium risk ? How will the stock impact this?

Upvote 2

Read Answer Asked by Scott on March 19, 2025

• Financial 15 Split Corp. Class A Shares (FTN)
  • View FTN Profile
  • View Questions on FTN

Q: Hi 5i
As a clarification of my most recent question about FTN " are the preferred shares fixed" what I meant is; is the preferred shares dividend at risk of being cut ?

Thx

Upvote 1

Read Answer Asked by jim on March 13, 2025

• AltaGas Ltd. Preferred Shares Series A (ALA.PR.A)
  • View ALA.PR.A Profile
  • View Questions on ALA.PR.A

Q: Is this a long term hold

Upvote 1

Read Answer Asked by ralph on March 03, 2025

• Enbridge Inc. cumulative redeemable preference shares Series 1 (ENB.PR.V)
  • View ENB.PR.V Profile
  • View Questions on ENB.PR.V

Q: US .42 quarterly dividend = ~ Cdn 10% yield right?

resets in 2028 I think

How can you go wrong with a 10% yield?

Is the dividend tax credit applicable in a cash account

Are there any tax implications in a tfsa

What are the cons of this investment?

Thank you so much

Upvote 3

Read Answer Asked by JACK on March 03, 2025

• Enbridge Inc. cumulative redeemable preference shares series L (ENB.PF.U)
  • View ENB.PF.U Profile
  • View Questions on ENB.PF.U

Q: With regards to the rate reset spread being, as I read it , 5 yr+ 3.15 % …would that 5yr be a US Treasury or Bank of Cda bond / rate …there is a meaningful difference between the two now…I realize they pay in US$…many thanks

Upvote 1

Read Answer Asked by Cam on February 27, 2025

• NorthWest Healthcare Properties Real Estate Investment Trust (NWH.UN)
  • View NWH.UN Profile
  • View Questions on NWH.UN

Q: Could you share the significance of their recently secured $500MM in debt and how this may impact the stock price.
Appreciate all your hard work. Ted.

Upvote 3

Read Answer Asked by Ted on February 21, 2025

• Thomson Reuters Corporation Cum Red Floating Rt Pref Share Ser 11 (TRI.PR.B)
  • View TRI.PR.B Profile
  • View Questions on TRI.PR.B
• George Weston Limited 5.20% Preferred Shares Series III (WN.PR.C)
  • View WN.PR.C Profile
  • View Questions on WN.PR.C

Q: Hi 5i
Since Loblaws redeemed there preferred shares I've been thinking of replacing them with TRI.PR.B and a Weston preferred share. What do you think of this and which Weston preferred would you buy and why? I now have a good amount of preferred shares in my portfolio in many large good US and Canadian companies. My only concern with these is there liquidity. What would be a reasonable amount of ones portfolio to put into these.

Upvote 2

Read Answer Asked by Mark on February 21, 2025

• MicroStrategy Incorporated (MSTR)
  • View MSTR Profile
  • View Questions on MSTR
• MicroStrategy Incorporated (STRK)
  • View STRK Profile
  • View Questions on STRK

Q: What are your thoughts on STRK?

Upvote 1

Read Answer Asked by Dustin on February 20, 2025

• Brompton Split Corp. Preferred Share ETF Cad Unit (SPLT)
  • View SPLT Profile
  • View Questions on SPLT

Q: Do you consider SPLT a safe investment? Seems a no-brainer compared to an interest savings account at 2.55%.
Can that chart continue on that trajectory?

Thanks, Mark

Upvote 2

Read Answer Asked by Mark on February 14, 2025

Q: Do you know where I can get a list of all convertible debentures traded on TSX?

Upvote 1

Read Answer Asked by Robert on February 10, 2025

• Mulvihill Enhanced Split Preferred Share ETF (SPFD)
  • View SPFD Profile
  • View Questions on SPFD

Q: What are your thoughts on this etf.
Yield is high as are the mgt fees. I think the beta would be low and the investments relatively safe

Upvote 1

Read Answer Asked by Leon on February 10, 2025

• Edison International (EIX)
  • View EIX Profile
  • View Questions on EIX
• Southern California Edison Company 5.375% Fixed-to-Floating Rate Trust Preference Securities (SCE.P.J)
  • View SCE.P.J Profile
  • View Questions on SCE.P.J

Q: Looking for a preferred share from Edison that pays a good dividend and may even over time give a capital gain. What do you recommend do they have a 5yr reset or perpetual that looks decent here.
Regards,
Mark

Upvote 1

Read Answer Asked by Mark on February 10, 2025

• iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
  • View CPD Profile
  • View Questions on CPD

Q: Thoughts during the current market cycle?

Upvote 4

Read Answer Asked by Joe on January 16, 2025