Q: I have a question about "asset decay" assuming the underlying stocks remain stable or rise modestly in value - why would the units fall? Is the income generated not from dividends and option premiums only?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Freehold Royalties Ltd. (FRU)
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Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC)
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Hamilton Energy YIELD MAXIMIZER TM ETF (EMAX)
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?
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
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
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?
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Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
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Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX)
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Hamilton Technology YIELD MAXIMIZER TM ETF (QMAX)
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Hamilton Energy YIELD MAXIMIZER TM ETF (EMAX)
Q: Please advise if HAMILTON covered call ETF (QMAX, EMAX and others) eligible for the Canadian dividend tax credit.
Thanks for the great service
Thanks for the great service
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Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC)
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Hamilton Energy YIELD MAXIMIZER TM ETF (EMAX)
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
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
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Suncor Energy Inc. (SU)
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Topaz Energy Corp. (TPZ)
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Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC)
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Hamilton Energy YIELD MAXIMIZER TM ETF (EMAX)
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
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Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC)
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Hamilton Energy YIELD MAXIMIZER TM ETF (EMAX)
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
Thank-you
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Hamilton Healthcare YIELD MAXIMIZER TM ETF (LMAX)
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Hamilton Energy YIELD MAXIMIZER TM ETF (EMAX)
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Hamilton U.S. Financials YIELD MAXIMIZER TM ETF (FMAX)
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.