Investment Q&A

Q: Yesterday I asked you about a group of stocks with respect to trimming our positions to reduce our overall stock exposure.

Now I would appreciate it if you could categorize these stocks with respect to your opinion on the impact of Trump's election. Perhaps the categories could be: positive, negative, neutral, or not sure.

The stocks are:
BAM
BEP.UN
BIP.UN
BCE
EMA
FTS
NA
RY
SLF
TD

Q: Your website shows the following for BIP.UN:
Dividend Growth 3 Year -17.09
Dividend Growth 5 Year -10.09

Is the dividend growth for BIP.UN actually negative over these periods, or does this somehow reflect the frequent splits and spinoffs and other moves that Brookfield likes to throw at us?

Q: My utilities holdings include BIP.UN (3.9% of total equity), H (2.1%) and FTS (1.9%). Considering the momentum of CPX and its higher dividend than either H or FTS, what would your thoughts be about the idea of selling both H and FTS to buy CPX? Seems to present more growth potential and higher dividend. My thanks.

Q: My wife and I are mainly dividend investors. We tend to hold our stocks for many years. Due to the significant increase in the value of our stocks this year, we are considering reducing the percentage of some stocks in our portfolio by about 10%.

Could you please give your opinion as to which of the following stocks you would reduce. Would you reduce one or two selected stocks, or perhaps reduce across the board? All of the reductions would be in registered accounts. You can assume the stocks are all about the same percentage of our portfolio.

The stocks are:
BAM
BEP.UN
BIP.UN
BCE
EMA
FTS
NA
RY
SLF
TD

Q: Hello. What are some Cdn list companies that pay dividends in USD? Any with decent yields (above 5%) and/or with solid dividend growth? Thanks!

Q: Please provide brief analysis on quarter and if this is still a stable LT hold with great capital allocators

Q: If BIP.UN was in one of 5iR's 3 portfolios, which one would it be, Income, Balance, or Growth???.......Curious Tom

Q: I believe all of the companies have reported. May I have your comments please.

Q: Tax question
If l sold Bce for a 30,000 dollar loss and also sold
Bip.un for a 30,000 gain would that offset the capital gains ?
My Concern is bip.un is milt national company and that the same rules apply

Q: Hi. I need to generate some cash out of a portfolio holding these positions. Can you please rank the noted companies in terms of which you would sell now based on current valuations and outlook over the next 2-3 years?

Q: Good day everyone. My holding in the following companies represent 25.11% of my investment portfolio across 3 registered and 1 cash account:
BN 5.00 %
BAM 2.36 %
BIPC 2.22 %
BIP.UN 1.35 %
BEPC 1.25%
For a total of 12.18 % amongst the Brookfield group of companies

CSU 5.49 %
TOI 1.81 %
LMN 1.40 %
For 8.7 % in CSU and associated companies

MLF 4.23 %

Collectively these holdings represent about 25.11 % of my holdings at the end of the 3Q.

I understand that your services are not to give personal advice but would value and appreciate your opinion on the weighing of these investments, specifically in the Brookfield group. The portfolio has done reasonably well (thanks fot 5i) but don't want to get complacent.

Much appreciated.

Q: Good morning,

If you could pick just one, would it be BIP or BEP. And why?

Thanks

Q: Hi 5i, Can you please explain what Brookfield's Oct 9/24 announcement re "Reorganization of Brookfield Infrastructure Corp" means for shareholders like me that hold full positions in BIP.UN vs BIPC. As other 5i subscribers have mentioned, does this reorganization suggest that BIPC will continue to gain vs BIP.UN? Thanks.

Q: Following these recent QA regarding BN.

Sep30 “ As per the latest annual financials, BN holds a 25.0% interest in Brookfield Asset Management (BAM), a 54.6% interest in Brookfield Renewable Partners (BEP.UN), a 73.9% interest in Brookfield Infrastructure Partners (BIP), and a 34.5% interest in Brookfield Business Partners (BBU)”

Oct01: “Owning the three noted will provide higher income and somewhat similar exposure. But BN will prove the 'private equity' component of its businesses that the others have less of.”

I own BN since BAM-reorg and it did very well this year. If we look at it’s underlying assets : in the last year BAM/BBU did OK but not as much, but both BEP and BIP did poorly. May be a stupid question, why did BN do so well? Market speaking? “private equity” or other assets heavier than we think? Thanks ++

Q: I bought BIP.UN in a registered account about a year ago. Looking back, I would have been better to buy BIPC.

Looking forward ie over the long term, do you think that BIPC will continue to outperform on a total return basis?

Q: I realize there are no withholding taxes on BIP.UN in an RRSP

What about taxes in a tfsa

Thank you

Q: Your thoughts on BIP.UN's results please.

Q: I'm confused about the different Brookfield group of companies (I may not have them all listed), namely, which one should be held under which circumstance (income, growth, registered, unregistered etc) and is it beneficial to hold multiple, and if so which and why. Thanks!

Q: A follow up question to my earlier Q wrt Brookfield Companies.

Can I have you views between BIPC.CA and BIP.UN.CA. I believe they are basically the same company, is this assumption correct??

BIP.UN is a Limited Partnership where BIPC is a corporation, what is the difference, is it mostly how taxes are managed, I know the unit pricing and dividends are different. I will be holding in my RRSP, is one better than the other for this registered account

Q: Hey folks, hope everyone is enjoying the summer season. I own basically an equal weighting of BN (4%), BAM (4%), BEP(4%) in our various accounts. I'd like to buy a 4% position in BIP. Now comes my question, should I be a lumper or splitter - that is, am I ok looking at these as 4% positions, or would I be better to look at this as 12% position moving to 16% wrt Brookfield products??