Investment Q&A

Q: Could I have your opinion on investing in FNM.UN as opposed to buying a REIT ETF or a few, individual REITs. The fund has a good yield, has been around for just over 2 years and is presently at a 6% discount to NAV. How would it compare to something like CAR.UN or Boardwalk?

Q: Could I please have your current view on Milestone Apartment Reit as a TFSA holding? Is there another apartment Reit that you would prefer?
Thanks
David

Q: Hi, would you consider investing in healthcare REITs at this time? In your opinion which would be the best one to invest in right now?

Thank you,

Q: Could you please share your analysis on Killam Properties for both secure income and some capital growth. It is currently rated as "outperform" by the Royal Bank with a $12.00 one-year target. Thanks!

Q: Held this a long time underwater and it seems to be coming back. Really good yield. Safe to add to tfsa for yield? Thanks James

Q: I am constantly wrestling with 'industry' in my portfolio. Is Amica real estate, health care, financial? You could help your subscribers education if you identified the industry or asset class of each of the holdings in your model portfolios.

Q: Please provide your opinion on CAR.Un at this time. It's appreciated significantly in the past few months. It seems to be the go to name in the apartment reit arena. Any others in this sector that may be under the radar that you would recommend.
Thank-you.

Q: I bought 2,550 shares of TN.UN last June in my RRSP for high yield income, representing only 3.2% of my portfolio. As expected, its price has been relatively flat but the 8%+ dividend has been maintained. Can you recommend other relatively high yield Canadian apartment REITs that would be safer investments.

Q: Hi 5i,

Not really a stock question, but I value your opinions. I would like your take on the Canadian housing market, especially in Vancouver. Is it over valued? By how much? I realize this in not your area of expertise, so any opinion would be great!

Thanks in advance.

Q: I have TCN in my TFSA and am considering adding to it based on the increased contribution room. What are your thoughts on TCN has a long term hold ?

Q: Can you kindly provide your accessment of this stock

Q: I have held these Artis Debentures for 3 years and with the currency changes, have done quite well over this time period. The coupon is 5.75% and the yield to maturity is 5.03%. The maturity date is June 30, 2018. I consider this part of my fixed income although it is held in a taxable account.
In your opinion, should I continue maintain this holding for 3 more years?

Q: Hi: Today, on BNN, John O'Connel said that Home Capital is the most heavily shorted stock in Canada. Hard to believe, but I can't find the US short position anywhre. Do you know what the total short position in Home Capital is? Should I be worried?

Thanks,
Hans

Q: I believe your last comment about VRE was in August, 2013, at which time you preferred XRE. Now, looking at these two ETF, which one would you prefer. VRE only pays a 2.1% distribution compared to XRE's 4.7% but over the past two years VRE's value has risen nearly 3x that of XRE's. I am curious why VRE pays such a low distribution when most of its holdings are paying >4%. Is VRE really doing so much better than XRE or am I just mis-interpreting the numbers.

Q: Hi. In response to Robert's question of April 16th on Empire and REITS, Empire was the first of these retailers to spin off their properties into a reit several years ago. It is Crombie REIT ( CCR.UN). Derek

Q: peter, I have owned both these stocks for quite a while. both have appreciated nicely. is there any reason for me to sell either. thanks for your opinion. bill

Q: My questions is concerning the debentures of companies such as Partners Real Estate and Temple REIT . I own debentures of these companies (1 yr debenture for PAR.db and 2 year debenture for TPH). My thinking is that the risk of default is very low despite the poor performance of the shares. The yields are high and the companies before defaulting they will need to cut the dividend/distribution of the common shares and reduce debt by selling assets. The other risk is being paid the principal in shares (in which case one needs to hedge that possibility).
I would appreciate your thoughts on this with regards to the difficulties these companies are facing. (In fact .. I don't see why investors own the common shares and not the debenture).
Thanks in advance for your comments

Q: What are your current thoughts about Calloway given the bought deal that they just announced?

Q: The yield of 12.9% on Ellington Financial is very tempting and it seems to be favourably looked at by the US analysts -- what do you think of it?

Thanks

Q: Good evening Peter,

Could you let me know what Canadian Reit has shown a combination of the largest capital appreciation and distribution growth over the past 10 years.

Any additional thoughts in general, investing in Canadian Reits at this time for Growth and income.

Thanks Peter...