Investment Q&A

Q: Many BNN guests have said that REF.UN is the best REIT in Canada. Do you agree? How is the valuation relative to the sector? Best, Don

Q: Would you add to HCG at today's prices? It appears to be dragged down along with other financials like the banks right now.

With regard to HCG, I am also trying to connect the dots on a couple of the guidelines that you have provided over the last couple of years, namely buy on upside strength and (generally) do not add to a losing position. Again, generally sell a stock when it drops 8-10%. I apologize if I am takinng anything out of context, but I am trying to make sense out this market. Case in point I have owned HCG for a couple of years, saw it drop and then recently start to reverse. So I added to my position on Monday and saw it drop 5% today! Ouch.

Hold and wait for a better time to buy or buy more now? (I am sure selling would not be a wise option for a quality company like HCG)

Thanks for helping me sort this out.

Q: REITS on both sides of the border have been performing well lately.Can you offer an explanation for this performance and would it be advantageous to allocate funds to this sector at this time. Thanks. Joe

Q: I like the theme of seniors' care for the long term. I have a small position (<3%) of CSH.UN in my TFSA and it has done well over the last couple of years. Would you add to this or sell it and replace it with a different name in the same space. (I also have a bit of KMP and some D.Un in non-registered accounts, in case other REIT holdings might influence your comments.)

Thanks for your help - I've been with you since almost the beginning and I love your service!

Q: Hi Team:
This Reit has dropped in share value, is it related to the falling oil prices that could affect the economy out West ?
Is the P/E ratio still high compared to Cdn Reit, H&R and Riocan ?
I am thinking of adding Bei.un for some income and growth to my portfolio, I already own the other 3 Reits mentioned above,
please comment if the payout ratio is reasonable or not, thanks!

Q: What is your opinion on purchasing REZ or VNQ at this time as part of a U.S. component in an RRSP as opposed to ZRE or XRE? Thanks. Joe

Q: Would the current price be a good time to add this stock to my portfolio?
I like the 7.1% dividend.

Thank you for another very decent year. All the best for 2105.

Q: I heard that REIT would be considered a separate sector rather than a sub-index in the TSX index as of 2016. Is that true? How would it differ from the XRE and other ETFs? What specific REITs would compose this index? Would it be a good investment to buy the major REITs as HR.UN, CAR.UN or REI.UN now or wait until the end of the year as major index fund would presumably have to load up on those REITs to replicate this new sector?
Happy New Year to all.
Jean

Q: Could you please give me your views on this company. Also, I believe this company was listed on the U.S. market (DELAF). I have not seen any activity for this on the in the U.S. market. Is it still listed on the U.S. exhange? Thanks

Q: HI, I AM DOWN 11% AND AM WONDERING ABOUT TOPING UP THIS POSITION. WHAT DO YOU THINK?

Q: Hello 5i Team, Wolfe Research in the US have recommended that Target shut down their Canadian operations and concentrate instead on the US market. Should Target leave Canada, which REIT's will be hit the hardest? Happy Holidays to all!

Q: Your opinion on CRR.UN.It dropped fr $13.18 on Nov 17 to 12.13 on Dec 12 & now recovered to 12.90.It appears that some stock in the REIT sector had recently gone down due to fear of increased interest rate in 2015.Appreciate your usual excellent views & services.

Q: Good morning
D.Un has dropped a significant amount since 3Q report. The only internal event in this period was the Disposition of some LPB units to Dream Industrial REIT.

Can you explain what this transaction means eg have they made an investment in DIR.UN? Is the transaction material? Is the dividend safe at 9%+?

Thanks for your insight & merry Christmas

Ernie

Q: At present I have a %5 weighting in HR I am considering a switch to BPY at the same for increased growth and income. Your thoughts please.

Q: Hi Peter and 5iReseach Team,
Can you please provide your ST and LT outlook for US real estate and specifically for Brookfield Property Partners, as I understand they hold high quality US real estate assets. Thank you.
Merry Christmas and All the Best for 2015, Linda

Q: Would this holding be a reasonable long term investment. Eddie.If yes why?

Q: I would like your opinion on the fundamentals and whether you see this as a long term buy (5years) with steady stable growth? Potential downside here?

Q: Any insights into the recent stock decline?
Would you be inclined to hold, sell or buy as of today?
Thanks, Dave

Q: Hello - I see the last question/answer for TZZ was Nov 10th. There was no reason for the new lows. Since the it has dropped even further, but I still have not been able to locate a reason. Your thoughts would be appreciated. Also has there been noticeable insider activity?

Merry Christmas to you and yours. Mike

Q: Greetings, again.

Dream Office Reit (d.un) keeps showing up on CanadianInsider.com's daily insiders buying report. Do you see any significance in the number of shares insiders have been accumulating?

Lastly, with the US interest rates, apparently, set to rise in 2015 I've been contemplating reducing my reit exposure by placing a tight stop loss under either Dream Office Reit or H&R Reit (hr.un) and using a portion of those funds purchase Saputo as shareholders are presently fleeing that name for higher beta plays during this market rally.

Without worrying about sector weighting, and with total return as the main goal, would you sell either Dream Office or H&R Reit for Saputo? And if so, which Reit would you sell first?

Thanks again.

John