Investment Q&A

Q: Just to clarify an answer to an earlier question are you saying that having a portfolio with say 8 etfs is not a good idea because that's way too many holdings, you say around 20 is a good number. Vthanks

Q: Hi - with the ETF - CDZ at 20% energy content, how do you view the risks to this ETF regarding these companies not being able to grow dividends in a prolonged and depressed energy environment. Does this change your outlook on CDZ as conservative, diversified dividend-grower ETF in Canada? Or, does this just mean CDZ cleans out the non-growers and looks elsewhere rebalancing to it's "aristocrat" rules as it moves on? Outlook and views on CDZ appreciated. cheers and thanks...

Q: Please comment if you can on today's year end report and their conference call. Company seems finally to be making good progress and have attracted 2 new funds as share buyers, according to Morningstar.

Q: I request that this should not be treated as a question as it is general information I need to provide everyone.

I would advise everyone to be with reputed discount brokerages especially the ones offered by banks. Their commissions are usually higher but their customer service and execution is much better. Also, being with these brokerages is preferable for investment purposes as you end up trading less and that is always good investment strategy. Personally, I had recommended people to go with Virtual Brokers in the past due to their low commissions, but horrible service and unnecessary fees (which I personally encountered) makes these accounts much more painful than paying a few more dollars in commissions at the bigger ones managed by the banks.

Q: Hi Peter, I am looking for investment in the US market, Narrower down to the above two stocks. Both offer dividends and have solid business model for some growth. Would appreciate your choice, perhaps another one you would recommend.
Regards, J. P

Q: Hi 5i,

We hold the following ETF's with their portfolio weightings and MER's. All are held within RRSP's. My question is: Since these 5 ETF's all have MER's in excess of the 0.50% mentioned in a response to a previous post, should I switch to a lower-cost alternative and, if so, what would you recommend? All are Canadian Hedged and all are iShares offerings. The goal was to achieve geographic diversification across both bonds and equities.

CUD U.S. Dividend Growers Index ETF MER 0.65% Port. weighting 4.76%
CWO Emerging Markets fundamental Index Common MER 0.70% 4.78%
CYH Global Monthly Dividend Index MER 0.66% 4.91%
XEB JP Morgan USD Emerging Markets Bond Index MER 0.73% 4.79%
XHY U.S. High Yield Bond Index MER 0.62% 4.89%

Thanks!!
Cheers,
Mike

Q: What is the 5i take on the new agreement between Riocan and HBC?

Thanks.

Paul F.

Q: Good morning to all,
Do you think SFL is still good for income and is AHF.DB safe to keep for income until maturity? Thank you

Q: Hi Peter & Team,

Nov 4 2014 saw SUM miss on revenues & earnings resulting in an immediate 19% drop in share value. It appeared to bottom out on Jan 21 @ $6.60 26% below it's high back in Nov prior to the last report.

Since then it has slowly started to regain some momentum on sporadic trading which has increased over the past couple of days. It is being covered by a number of analysts who for the most part are fairly bullish on expectations with an average target price of $8.94.

On Dec 1st you said "The most recent quarter was not the greatest and concern over future growth has arisen. We would not consider the valuation as cheap but some decent growth is expected."

Your advice was to not rush in and to wait and see what happens with the next quarter.

Right now I am slightly ahead with SUM scheduled to report March 18.

I was wondering if you could tell us what the street expects, whether you would consider SUM a Sell/Hold/Buy, and what your advice for me would be moving forward. My weighting is 3.6%.

Thanks for all you do

Gord

Q: Interfor had a significant down day today and West Fraser did not do well either. What do you think might explain these drops? Lumber prices and housing starts may be factors. Should I consider selling my positions in both companies?

Don

Q: What is the difference between a portfolio of 20 stocks and an ETF of 500 stocks? Most analysts recommend to own around 20 stocks with an average weighing of 5%. More than 20 stocks is considered owning to many stocks. How do you reconcile those two approaches?
Thank you for the response and congratulations for a wonderful job.

Jean

Q: to a members question on a good u.s. stock you came up with mattson technology with the cavaet that you do not know management the way you do with amaya and sylogist.
my question is of all the u.s. stocks why this one and why did it come to your attention.and i have to admit it looks good. i will take a position tomorrow. dave

Q: AltaGas reported Fourth Quarter and Year End Results this morning. The results were mixed with EBITDA and funds from operations increasing year over year and normalized net income(not sure what this is) decreasing. The shares have been drifting down in recent trading sessions, perhaps in anticipation of theses results and reacted quite negatively this morning to this recent report . Is there anything that we should be concerned about regarding the company's future prospects. I own the shares for income and hopefully reasonable growth over the next 1-3 years. Your comments are appreciated.

Q: Could I have your opinion on KIV as a play for an eventual uranium recovery. I have a position now, and am a bit underwater, wondering if I should hold or move on.

Q: Hello Peter & Team

CDV up 3+% today and up 10% over the past 10 days with a substantial increase in volume yesterday & today.

Street appears to be somewhat bullish with 60% calling it a buy and 40% saying hold.

Is there a reason you can see for the recent strength? I can't find any insider trading info... can you?

They report March 9th - what should we expect?

Thanks for all you do

Gord

Q: I hold ERF ENB AND VET in my RRSP. Each holding is 5%. Otherwise the portfolio is diversified. I am concerned that ERF is unlikely to recover and (if you agree with TD and DesJardins outlook) I would select an alternative holding to replace ERF or to increase ENB and VET holdings. Please comment. Greg

Q: what is your opinion of the Enbridge preferred shares A B D and F? How often do they pay the dividend and why are they at 52 week lows? thanks Chet

Q: Hi peter and team, thank you very much for your great advice. We are extremely happy with these two stocks but as each of them now comprises more than 5% of our portfolio, should we take some off the table, or let it carry on a bit more.

Thanks for your advice
John

Q: hi. could you please give your assesment of the 4th quarter results. thankyou,

Q: H
i Peter What is your thoughts on BIN results bought after I trimmed a position on rpi.un so far I lost 5% of my capital .The market did not think much of the results .
Are you still higb on this stock?
Stam