Investment Q&A

• Brookfield Renewable Power Preferred Equity Inc. Class A Preference Shares Series 5 (BRF.PR.E)
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• Power Corporation of Canada 5.60% Non-Cumulative First Preferred Shares Series A (POW.PR.A)
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• George Weston Limited 5.80% Preferred Shares Series 1 (WN.PR.A)
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Q: Thinking of including at least two of these in the fixed income portion of our portfolio. Do any carry any 'yellow' flags? All seem to DRIP, at least througfh my broker. Could one just weigh them based on current yield? Appreciate any thoughts.
Thanks, Bill

Upvote 1

Read Answer Asked by Bill on June 10, 2025

Q: What is your view on proffered shares inclusion in a small size (~200 000) self- directed beginner portfolio ? Would you recommend such investment and what percentage of one portfolio?

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Read Answer Asked by Miroslaw on May 01, 2025

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

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Read Answer Asked by adam on April 03, 2025

• Brompton Flaherty & Crumrine Enhanced Investment Grade Preferred ETF (BEPR)
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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)
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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?

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Read Answer Asked by David on March 24, 2025

• Premium Brands Holdings Corporation (PBH)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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• George Weston Limited 5.20% Preferred Shares Series III (WN.PR.C)
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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)
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• MicroStrategy Incorporated (STRK)
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Q: What are your thoughts on STRK?

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Read Answer Asked by Dustin on February 20, 2025

• Brompton Split Corp. Preferred Share ETF Cad Unit (SPLT)
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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?

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Read Answer Asked by Robert on February 10, 2025

• Mulvihill Enhanced Split Preferred Share ETF (SPFD)
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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