Investment Q&A

Q: I currently hold these 3 pipelines in equal weight and want to reduce pipeline exposure. I consider Enbridge a core holding, so looking to sell one of the other 2. In terms of future prospects and diversification (least similarity to ENB business lines), which one would you recommend I keep, or should I simply reduce each by half?

Q: I have owned GRT for over a year and it has made a nice gain in the last several months. What I just noticed is there is a small withholding tax for US dividends, it's very small but since GRT is registered on the TSX can you explain. Also do you recommend a hold on this stock or should I take profits. Thanks as always.

Charlie

Q: Why is it underperforming others like Atrium. Down 20% over 2 years. What is your opinion for it going forward. I hold TMC, AI and MCAN to diversify the risk. Also what are your thoughts on MCAN which is also a fair bit off its highs.

Q: REIT values have been improving, American dollar strengthening, but mrg.un has been languishing in spite of the fact that American properties are held. Should we be switching to another REIT? Is there an explanation other than it is thinly traded?

Bruce

Q: Hi Peter, I own CSH.UN and RLC, I would like to add to RLC , it seem the yield is higher 7.8% and the payout ratio is below 90%. could RLC be undervalued compare to CSH,LW. thanks.

Q: The charts of REITS (e.g., XRE) and MICS (mortgage investment corporations), for example Firm Capital FC, roughly parallel each other over the years. But in the last few weeks they've gone in opposite directions. FC is way down, and XRE is way up. Other MICS are similarly down. Can you see any reason for the divergence? Could it be a buying opportunity for a stock like FC, if this divergence tends to correct itself somewhat? Thank you.

Q: For balancing my portfolio, using the ten sectors as you listed on Jan. 16th., where do I put Real Estate?
Leonard.

Q: Hi peter , can you give your view on american hotel reit, with a current 8.2% yield and the lower cad benefit, it seem like a good investment.

Q: Hi. I have owned this stock for many years. Did quite well with it at first and sold off enough to cover my initial investment. I still hold 500 shares and could use the money that selling them would generate to buy stocks in other sectors that I am lacking. (I seem to be over invested in the healthcare sector). My question is .... should I just sell it now and use the cash to re-balance, or wait to see what happens with the pullout from the US.

Q: Hello team
What do you make of INO.UN with its exposure to the euro and the probability of QE in the Eurozone. Will they benefit? They have a nice dividend yield but I am honestly not experienced enough to interpret the other numbers. The REIT looks relatively new to the market. Could you give us a short review of Inovalis Real Estate Investment Trust.

Thank You for your help
Clarence

Q: Good morning
How does 2015 look for Reits in general and what would be your top 3 choices? Thanks

Q: I have a question about InterRent REIT - your comments on the recent deal and would it be higher than a B- given growth and
results over 2014. thanks

Q: What do you think of MOB.UN for income? Any suggestions for a 9-10% monthly payer!

Q: Hi Peter and 5i Research Team,

Can you please comment on the outlook of the US housing market over next 3-5 years. Any concerns? Do you like Stanley Black and Decker and would it be a good way to play the housing market. Or Alternatively, do you have an ETF that would be equally as good. Thank you. Linda

Q: I purchased this at $1.00 last year in US funds based on a recovery in the US housing market and the stock has been declining since.

I receive positive news releases and 5i provided the following previous comments which more or less gave me some positive to hold on to the stock, however I am doubting whether I should continue.
Can you please provide some assurance here to hang on or sell.
Thanks in advance
Delavaco management look OK, although we do not have familiarity with them. It is fairly new, but has 844 homes in its portfolio, and recently announced some sales, with gains in the 50% range on purchase price. Its last quarter showed very little in revenue, but we would expect more concrete numbers going forward. It is interesting: management owns 25% of the company, and as a call in US housing it may work well. It is small and speculative, though, and mostly a management bet. It also will need more time to grow and monetize its portfolio

Q: Last October you thought CUF,UN looked like good value. In the context of today's market conditions, would you buy it?

Q: I own it. Showing strength and up 2.5% today. I do not see any news or buzz and I am wondering if the low Canadian $ is a factor as they are Southeast and Southwest U.S. I am just curious.

Q: Hi Team,

Just wondering if you could provide an update on crt.un (valuation metrics) and your opinion. With the withdrawal of target and the Cdn tire stock doing well, does this affect the upside potential of the REIT?
Thanks

Q: Hi- what do you think of Dream Unlimited, in light of low interest rates for the longer term, and their new arrangement to develop
CP lands? Worth an investment?
Thanks

Q: What is your take on exe at this point given they are getting out of US soon

Thanks MIke b