skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I am an income investor and am overweight energy at 13.82% of my portfolio. FRU (4.63), CNQ (1.93), ENCC (1.17), TOU (2.72), EMAX (3.37). How would you reduce the energy holdings down to a more reasonable 5-7%?

Thank You, Jim
Read Answer Asked by William on October 27, 2025
Q: Continuing with Adding Core Portfolio holdings. Energy Sector has EMAX (3.54), ENCC (1.23) & FRU (2.93) for 7.73% of my portfolio. (FRU I have traded many times). Any comments on the Energy Sector holdings?
Read Answer Asked by William on June 18, 2025
Q: Hello Folks:
Unfortunately we have lost approx. close to 30% of our EMAX investment in the last few months. The current dividend is 16%; up from 13% upon purchase.
Should we accept this loss, move on or wait? Are there superior choices for this stock (we did primarily consider it an income investment, although a little growth potential would be okay). A goodly proportion of our investments are in energy; how do you view this sector and it's outlook?

Thank you for your most terrific service!!!!
brian

Read Answer Asked by Brian on June 02, 2025
Q: I purchased this to get exposure to energy, get the high dividend (now approx. 13%), and have an ETF focused more on US energy companies (vs. Canadian). I've held it about 15 months now and I'm down 10%. I expect there is some ROC affecting the share price (are you able to confirm?). In general, what are your thoughts on EMAX for stability and as an income play?
Read Answer Asked by Randy on April 01, 2025
Q: Please advise if HAMILTON covered call ETF (QMAX, EMAX and others) eligible for the Canadian dividend tax credit.

Thanks for the great service
Read Answer Asked by Hector on October 08, 2024
Q: I'm leaning towards emax in a cash account to diversify with the US holdings even though encc has a higher yield.

What are the tax implications of emax vs. encc.

emax writes in the money options on 30% of the holdings
I cannot find this data for encc

Thank you
Read Answer Asked by JACK on August 13, 2024
Q: I am retired and in an income based RRSP your thoughts on switching ARC, SUNCOR and TOPAZ to the higher yielding EMAX and or ENCC
Read Answer Asked by Reg on July 17, 2024
Q: I have held Freehold for a little over 2 years, and am no more than even on the stock price (but at least have the dividends). Similar to James' question today, I am thinking about selling FRU and moving to an energy income ETF. I have been looking at EMAX, but was not aware of ENCC that was mentioned by James. EMAX is new, but I like the North American approach vs ENCC which appears to be only Canadian companies. Could you compare the pros and cons of each ETF, including taxation of distributions, call strategy and any trading premium to NAV. Do you have a preference of one over the other? My objective is some sector exposure and income, more than capital gains.
Thank-you
Read Answer Asked by grant on April 11, 2024
Q: These 3 new Hamilton covered call etf's seem to my untrained eye to provide a very smart blend of generous income in excess of 10% annually each as advertised plus 70% of the holdings aren't subject to the call writing and thus are able to deliver a substantial portion of potential capital growth. The current portfolios for all three seem well chosen, solid picks. Each of these etf's has over $100 million invested rather quickly and they are likely to continue subscription growth. Newness aside, what's not to like for income plus exposure to a basket of high-grade US healthcare, financials and Cdn and US energy equities? Whatcha think? Thank you.
Read Answer Asked by Ken on April 02, 2024
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!