Investment Q&A

Q: I would like you to explain or direct me to an explanation of how the mechanics of CAD hedged USD ETF'S work.

Thank you, Hugh

Q: I read your last update (June), and recent questions about this stock, and reviewed the financials. I cannot see any specific reasons for the steady decline. I don't see the reorganization having any material effect, and because of the international diversity I cannot see any Trump stupidity as having major influence. In fact, I would have thought the reduced interest rates would be a positive effect. Obviously, I am missing something that indicates a sell for some, and I am hoping you could shed some light on what that might be. As well, I would appreciate your comments as to future expectations.
Thanks!
Paul

Q: How would you rank BAC vs.C, and then vs a couple of Canadian banks, TD and BMO as examples.

Q: Hello, is this a good entry point for this stock ? It seems to have high multiples using any metric. They seem to have no debt on the books.

Q: What would be your top 4 picks to add to a TFSA for steady growth over the next few years. Happy New Year and thanks for your great service. Steve

Q: Hello, which company would you have a higher conviction for if industry was of no concern for a long term hold ?

Q: I am preparing for the sky to fall in coming weeks if not days and may pivot right out of equities, or at least anything remotely tech/risky. My question: can you recommend any monthly pay bond etfs or similarly vehicles where I can sell at any time and don't have to lock in, even for 30 days, so that I can realize some income from the portfolio? Looking to have my cake and eat it too! Thank you.

Q: In the US Consumer Discretionary sector, what would be your top 5 companies? Thank you

Q: Which has more potential growth TSU or EQB?

Thanks for your service!

Q: I do not recall the rationale for the change in RRSP rules to lift the requirement that RRSPs had to have a certain percentage in Canadian equities. Canadian companies have a hard time raising equity, and this rule change must have caused a lot of money to leave the Canadian stock market for the US. I would support a reinstatement of the rule for any new money. If Trump wants to hit Canada with tariffs there is no reason why Canada should encourage investment in the US.

Q: Hello,

I have been reading up on this fund, and comparing it to other covered funds. This one utilizes a strategy whereby they generate income (currently ~ 11% yield) by writing puts. This fund is currently 75% written puts. My sense is that when this strategy is coupled with a long equity strategy, you still have similar downside (less the premiums you receive via selling the puts), but your upside is capped. Works if markets are not overly volatile and remain range-bound. But I think things could go really wrong quite quickly in a volatile downward trending market. It seems to me that the fund is short volatility, which could cause serious distress in the fund vs writing covered calls.

Have I got this right?

Appreciate your thoughts as always.

Q: BEP.UN is on a super slide right now. Even today (Jan 10, 2025) showing a 2.5% down. What is your analysis on this company? Why does it continue to trend so badly? Thanks.

Q: Very volatile with a lyrH of $2.37 & lyrL .35 with great leap since mid Dec last.Please comment on company especially as to Dec 31 Corporate update,Jan 9 closing of12,738853 shs @ $1.57 and flagship product,Genius. Buy,Hold or Sell. Txs for u usual great services & views. All the Best for the New Year

Q: In anticipation of continuing 'interesting' times, I am considering moving some WN.PR.A over to my TFSA. Since I am in my late eighties I consider this more of a fixed incme investment and less a consumer staple. Given the number of years the issue has exited, I am uncertain as to current redemption. I would appreciate relevant tho'ts. Thanks for all ideas that the team has provided over he past decade+. Bill

Q: I am still buying and looking around for the best possibilities. Today the motley fool listed the three Canadian stocks they would buy, if they could only buy three. I notice that you seem quite strong on cls these days. And perhaps I see you putting the breaks on for hps. I may be wrong on this perception regarding hps. But, I think you are getting stronger on cls. What would be your 3 stocks Canadian? I am particularly interested in your main reason for liking cls.? It has not corrected. I know you like moment, though. I wonder whether I would’ve put shop in it’s place with the recent drop?

Q: Hi team, Amazon DSP.. I think people just assume it’s always going to be a two-way race between Google and TTD. Can I get your take
on Amazon’s DSP and if it *could* become the 2nd most dominant player after Google? I have a 3% position and looking to make it 5%. Are you a buyer today? I have a 3.4% position in Apple which I’m considering selling completely to fund this.

Q: could you pls suggest a couple of US denominated etfs that track the sp500 - preferably equally weighted. Thanks

Q: Hello all at 5i

Was looking at the proposed transaction initiated by Bill Ackman's Pershing Square whereby additional shares of Howard Hughes Holdings are to be acquired by Pershing along with a simultaneous share buyback of approx. 5.8M shares. The proposed buyback would be financed via issuance of bonds (swapping equity for debt).

HHH appears to have a nice collection of real estate assets. Ackman has stated that HHH will be a permanent holding. Bill Ackman is a (very) smart guy but do you think HHH is a smart investment?

Thank you

Brad

Brad

Q: What would be your 3 top picks from the 5i Income Portfolio right now?

Q: As a general rule of thumb would you let a holding exceed 6% of total portfolio value even if the stock is running well?If the answer is yes what would be the max percentage you would be comfortable with?