Investment Q&A

Q: Can I get your updated views of this fund. I've done well with it but now thinking of replacing it with a US small cap fund. Do you agree with this strategy?

Q: With the goal of adding good quality growth stocks and using your suggestions ( thank you ), some time back I added BN and GSY to my cash account which is full of telecom, pipes, banks and utilities. I am now looking at these four with my thoughts on them : EQB, Stephen Smith is the main reason I am liking this company . I am overweight banks already- should this factor into the equation ?
CALF, the small cap sector should be getting interesting if rates decline and I could use more US exposure. TFII, management can’t be beat but the industry is suffering ( good or bad for TFII? ),
best to wait and see how industry shakes out?
XIT, ( have 10% portfolio exposure with a US tech ETF ) has significant CSU exposure.

Is my thinking clear? Any single addition would be approximately 3% portfolio weighting. In what order would you buy ? Am looking at buying 2 immediately. Any you wouldn’t buy ?
Thanks. Derek.

Q: I bought CALF in early January and it's been unchanged since then, while the broader markets are up significantly YTD. Would you suggest betting on small cap recovery this year and keeping CALF or selling it and buying something like VTV, SPYV, or MOAT? If switching, which one out of these 3 you'd recommend for better long term growth? My portfolio is well diversified between the sectors, so I picked these 3 options as they will keep my portfolio in target ranges. Thanks.

Q: I am interested in buying some mid- to small-cap stocks. I am tracking some of the ones you mentioned and am considering them.

For non-experts though, it seems like it would be better to go the ETF route on such companies. Do you agree and can you recommend a couple of options in CAD and USD.

Q: Can you please suggest a few ETF's for a young investor who has recently opened a brokerage account.
My 30 y/o son will be transferring funds currently held at his bank. (TSFA , RESP, RRSP accounts) He is looking for long term investments options.

We as grand parents have started a RESP for each of the grandchildren. Looking after their first year RESP contributions. Currently invested in HXS and a small VFV position.
Can you please give some options for :
RRSP
RESP
TSFA
Thank you
Gord

Q: I'm interested in investing in some small cap ETFs in the US. I have now decided on the two above noted ETFs. Considering that these are investments in small cap companies how you compare them for both potential risk and growth. Thanks
Mike

Q: My only 2 TFSA holdings, held in equal amounts are WELL ( down) and EIF ( up ). I like EIF and hold it in greater amounts in my non registered account where I intend to keep it but expect it will be dead money for at least 6 months while Northern Mat recovers.
Am looking at selling EIF and along with my $7,000 contribution buying CALF , GLXY, and LMN in equal amounts, leaving WELL the largest holding at approximately 40% weighting ; the others at 20 % each. My TFSA is approximately 4 % of my total non registered and RRIF accounts and is not considered material so I wish to rebalance it towards stocks with more growth ( and risk ) potential.

I tend to go crazy with market timing : any advice on how to proceed on the sale and purchase of these? Any potential “ flashing red lights “ with this move ? Thanks. Derek

Q: Can you please rate CALF in terms of risk/reward on a scale of 1-10 and explain the reasons for your rating? I've always stayed away from small caps as I find the sector too volatile, but CALF is giving me second thoughts. I believe this sector is set to run, but am hesitant to invest given my perception of risk. Your thoughts on this ETF are most appreciated. Thank you.

Q: Good Day,

I picked up CALF and HPS.A based on your last answer to my questions. CALF was EXACTLY what I was looking for in that space. HPS.A looks really intriguing, and despite the constant highs on highs providing a bit of apprehension, I think I'll look back later and be happy. Thanks.

Through looking in to NXT as an option, came across FLEX, which it was spun out from, as well as TOI (and CSU by proxy) when looking at LMN.

Would FLEX or NXT have a better future outlook and why? What would you rank the risk and growth potential for each? Are there any other companies like FLEX that you would recommend? Also, the Share price estimate for FLEX is showing a high of 35, which is significantly higher than current. are those pre-NXT spinoff estimates?

For LMN and TOI, same questions.

Q: Am doing due diligence on this ETF ( resulting from an earlier question today) , with the possibility of buying for my TFSA where I hold my more growth oriented stocks.
I notice the provider ( PACER ) also has CAFG described as having “ the highest cash free MARGIN “ while CALF has “ the highest cash free YIELD “, both with the SP small cap 600 index. What is the difference between these two ETF’S and do you prefer one over the other for a growth TFSA ? Also could you give some colour as to the SP small cap 600 ?
Thanks. Derek.

Q: Happy New year to you and your staff !!! A brand new year, a brand new challenge. It would seem that small caps are the cheapest part of the market these days. Would something like CALF be a good way to take advantage of the small cap market without the obvious risk of picking individual winners in this space ?