Investment Q&A

Q: Hi, was wondering how one would set up a portfolio using the 5i web site.

Should a 33% be put in each portfolio or should another portion be in cash and bonds.

At the moment my portfolio is 10% cash, 10% bonds, 40% dividend payers and 40% small cap, in the summer months I usually raise some cash for the fall.

Any guidance would be greatly appreciated

Anthony

Q: What would you expect the very long term dividend growth to be for a growth-oriented utility like AQN? I know they have come out with a projection of about 10% per year for the next 5 years but I am wondering what % I should plug in for my calculations after this 5 year period. Management seems very dividend growth oriented. Thanks.

Q: are public companies required to host conference calls to discuss results or is this an option of the company?? Thx

Q: Peter and His Wonder Team
What did you think of there Q.Report...rather weak? I have owned this stock for several years waiting for the turn around after there merger. I am under water...I am patient and thought of giving them more time...a few more quarters...thus holding. Or do you think I am just a dreamer and it would be better to take a tax loss and move on?
Dr.Ernest Rivait

Q: i seen this in your answer to luca. 5i Research Answer:
We hold ALA in the income portfolio for the attractive yield (7.5% as of today).

Q: Which is the better buy now with the decline in sis and all time highs in pbh.

Q: You have expressed the opinion that investors are bored with GUD as the reason for its recent rather lackluster performance but it's recent dive over the last 3 trading sessions of about 10% seems more than boredom. Is there anything going on at the company with respect to their products or with their management team that could be behind the steady downward pressure on the shares?

Q: Hi Team,

I know Knight is a long-term play. Any thoughts about it's continued, recent weakness. Would you add to a position at the present time (I've held it for a while, was up over 30% and and am now up only 6.5%)? I am willing to be patient.

Thanks, Michael

Q: Hi 5i! Regarding Callidus (CBL), can you comment on the implications of their ongoing share repurchases given the recent share price decline and the relatively tight float? With their FY 2016 Report, CBL indicated “49,916,781 common shares comprising Callidus' total issued and outstanding.” At the same time, they announced an NCIB allowing repurchase of up to 5 percent of that total (i.e. 2,495,839 of its common shares). In the Q2 2017 Report CBL indicated that approximately 1.26M shares had been repurchased under the 2017 NCIB through August 9. All repurchased shares are being cancelled. My online broker’s site currently indicates the number of floating shares at 9.11M. With such a small percentage of issued and outstanding shares floating, a full repurchase under the NCIB would appear to reduce the float by approximately 25 percent. Is it safe to assume that only floating shares are being taken up under the NCIB? As the share float dwindles, does an ultimate privatization become all the more likely? Are there any specific advantages or dangers associated with the shrinking number of floating shares, particularly in connection with a potential privatization and as far as retail shareholders may be concerned? Thanks for any insights!

Q: I'd like to add more real estate exposure to my portfolio but am a bit concerned about real estate valuations in general at this point in the economic cycle. With this said, what are your thoughts on Tricon Capital Group? It apparently did not trade during the "Great Recession" so I wasn't able to see how it would have performed during that period of time when real estate took a major hit.

With your best guess, and knowing how much exposure they do have to the U.S. market, how do you think the company would have done during that challenging time frame?

Thanks.

Q: I have been following your balanced portfolio. Have been reading questions and answers. Am thinking of selling a full position in Engh and purchasing otex or constellation software. What do you think? T as always

Q: Can you comment on their earnings?

Q: What are your thoughts on Badger daylighting and Suncor energy. Currently only have Suncor in my portfolio. Wondering if it's time to sell Suncor and also wondering about picking up some Badger. Thanks.

Q: I have about 1k (and growing) saved in an account with RBC as the company I'm working for has started to match monthly contributions for investment purposes. What would you suggest i put it in as far as products offered by them? I currently have a reasonable size portfolio with Tangerine that also gets monthly contributions. Would like to be a little aggressive with the RBC account. Thanks.

Q: Hi, would you be adding to savaria on weakness ( after 7 per cent drop today )? I have a 2.5% position and was looking to increase to 3.5%. Please advise.
Thank you
Karim

Q: Thoughts on KWH.UN second quarter results?
A good time to add to an existing position based on results and forward looking statements?

Q: Is there any specific reason for the further 7% drop in the stock price of Callidus today? Thanks.

Q: Hi, your opinion about these companies, and if worth taking positions.
Thanks in advance

Q: Hello, I will have to liquidate a substantial amount of my portfolio in the near future and figured I may as well take the opportunity to rebalance my holdings. My goal is to build a fully invested portfolio based on the 5i Balanced Equity portfolio core, with a minor growth tilt. I have read through the Q&A section thoroughly and have come up with the following solution and wanted your opinion:

NON-REG: AIF, BLX, PKI, WSP, XTC (5 holdings)
TFSA: CCL.B, CSU, KL, KXS, NFI, PBH, PHO, SHOP, SIS, SYZ, TOY (11 holdings)
RRSP: ATD.B, BYD.UN, CAE, CLS, ENGH, GSY, GUD, MX, SJ, PEO, ZZZ (11 holdings)

I have 2 questions (please feel free to deduct more credits if necessary):

1) Are there any names you would remove and/or swap out for other names? (I am nearing 30 holdings which from what I have read could be getting too large and inefficient) and

2) Is the division of holdings across the NON-REG/TFSA/RRSP best spread for growth efficiency?

As always, thanks for your amazing service!!

Q: Can you comment on their recent earnings, and compare to previous? Is their debt manageable? Would you be a buyer here? Thanks for your help.