Investment Q&A

Q: Preference shares
Following your reply, I conclude that, even on a reset date, preference shares may not trade at face value. Therefore, there would be no point in time when an investor is assured of full repayment of capital. Why then would these shares ever be suitable for investor adverse to interest rate risk? The only exception would be the investor willing to hold the shares for an unknown period until the shares are worth more than face value or the issuer decides to redeem them. Also, I wonder whether investors generally understand that, if they pay more than face value for the shares, the dividends represent in part a repyment in capital. Preference shares appear to have an undeserved allure, suitable only for investors willing to gamble with interest rates (perhaps having a trading strategy) or remain invested for an unknow period of time. Perhaps they should generally thought of as speculative and/or suitable only for sophisticated investors. I question whether even investment advisors understand this instrument well, particularly the range of attributes among issues.

Q: Hi Guys,

Can we assume that the money generated by selling Cineplex will be put to work in early April?

thanks
Jim

Q: The TMX Money site does not seem to have any company profile (or sector information) listed for ZCL Composites. Do you know what sector it falls under and how does 5i classify it in your growth portfolio.
Thanks

Q: i am looking for a european etf not hedged to the cdn. dollar that is aggressive growth, can you help. dave

Q: Hello 5i
In response to a question regarding CDIC insurance you answered:
"Deposits must be Canadian currency, and less than five years duration."
Would you please explain the 5 year duration part.
Many thanks
Les

Q: Good Morning 5i

I have a significant position in HCG. What should I be thinking about the quick departure of the CEO. Is it good that the board is proactive or does it signal more problems behind the scenes?

Thanks

Q: Recently we were surprised to see that my 86 year old mother in law sold an etf and purchased Manulife simplicity portfolio FE (568). I say surprised as the broker is well aware to discuss financial changes to her account with my husband and ETFs were specifically chosen to avoid buying mutual funds. What can you tell me about this fund and does it generate monthly income. It looks like the broker is selling shares every month and sending her a cheque. I do not see any info around fees (which I thought had to be disclosed under the new rules) on her monthly statement. My husband is meeting with the broker so any info you can provide or questions he should ask would be appreciated.

Q: I am down on both companies 25% each and would like to switch to MX. Which one should I sell or trim both? My objective is growth.

Q: Is it too late to climb aboard this crazy train?

Q: What is your opinion on this ETF? Pros? Cons? Is it best to hold it in a registered account or TFSA?

"I’ve started to buy one of the newest additions to the BMO ETF lineup - BMO Canadian High Dividend Covered Call (ZWC-T) strategy. It’s expected yield is around 6 per cent and it has less risk than the overall index. It holds a basket of some of the best quality dividend payers in Canada with a yield enhancement from a 50-per-cent covered call overlay."
It was mentioned in this article:
http://www.theglobeandmail.com/globe-investor/funds-and-etfs/etfs/larry-berman-its-time-to-get-defensive-after-a-troubling-budget/article34414534/

Q: Hello Peter: I have listened to you today on Market Call, which was very informative as always. If I am not mistaken you mention that there is more opportunity in the US at this time with many wonderful companies and no analysts covering them. Would you share some of these companies please. Thank You Barbara

Q: Good morning can you explain to me what happened to Palidin(doesn't look good)and what can an investor do now with Pdn shares if anything thanks

Q: Good morning,what can you tell me about this company it has a 11% dividend which is normally the kiss of death how safe is the dividend and can you explain to me what they do and would you recommend it for a 2-3 year hold.

Q: I would appreciate your opinion of Route1 as a small speculative investment/trade.

Thanks!

Q: What is your updated outlook on Pyrogenesis (PYR)? They appear to be getting closer to larger-scale production of a critical input for 'additive manufacturing' (3D printing) and the share price has started to move up.

Thanks

Q: Could you please comment on the latest order the companies prospects going forward. Thanks.

Q: For a moderate risk investor, who tends towards long-term hold (with occasional portfolio adjustment), what would be a reasonable sector allocation? I have been a long-term member of 5iResearch and have learned a lot about investing. Thanks for the great service.

Q: Stock's up + nice profit ! Discussions for take out in progress. Appreciate your comments. Would you recommend to sell the stock or wait it out ? Thank you

Q: In reference to the Oaken Financial Savings account question:
An account can be open with Home Bank, Oaken financial, a joint account with Oaken, also a savings account for your spouse with Home Bank and Oaken Bank as well as a joint account with Home Bank. Thus $600,000 can be deposited at their high interest rate and be covered by CDIC
Stanley Cohen

Q: just wondering what you think of the news on enbridge income fund on Monday afternoon as it was halted for a few hours.