Investment Q&A

Q: Hello 5i Team,

Considering the recent rise of VMD share value, would you endorse a switch to the other former PHM spinout, QIPT. How do you rank them in comparison? I see that you are feeling more confident about VMD recently, but recognize that it's considerably more expensive. Thanks, Brad

Q: Are you planning on writing a report on EIF:CA? Thanks.

Q: I have very little exposure to Consumer Cyclicals
in my portfolio. I am considering taking a small position (say 2-3%) in Cdn Tire - it has a 4% dividend and some analysts seem to like it. Question - is now a good time to being taking a position in consumer cyclicals and what are your thoughts on CTC. Are there better options?

Q: Risk Adjusted returns - Canadian Banks.
I am, respectfully, highly skeptical of your recent assessment.
Such a wide range seems unlikely, especially with NA at the top and BNS negative.
Not sure what you actually mean with 5yr CAGR value or whether it includes dividends.
5i has said on a number of occasions that Canadian banks tend to move in tandem over time.
I would appreciate some clarification and confirmation.
Thanks

Q: hey guys i was wondering if there has been any negative news to warrant a 7% drop in 2 days thanks as always

Q: Would you switch out WELL for QIPT? In you answer if you could provide financial metrics of each to support the answer. Thank you.

Q: It is my understanding that Brookfield Reinsurance Partners is included in T1135 reporting. RBC included this in there summary for T1135 reporting.

Make public should you chose.

Q: Hello Peter et al:

I was talking to one of my friends who is a retired Financial industry veteran. We were talking about Energy sector and ETFs. He said the risk for smaller ETFs like HXE is that they can be wound down and it can create a lot of headaches with paper work. Especially in a non registered a/c.

I read in today's Globe and Mail that 29 ETFs have been shuttered in January alone! (Rob Carrick's article)

What ETFs you think are at risk of being wound down? (Based on their AUM?) Specifically is HXE at risk?

Many thanks.
Mano

Q: Hello Peter & Team:

I would like to added some growth stocks into my current defensive ones. Which of the above stocks represents a good growth prospect within the next 3-5 years, from most prefer, to least prefer.
Secondly, From an AI perspective, are there additional names which is also a good candidate in addition to the above mentioned?
Thank you as always

Q: Hi Peter/Ryan, if a stock is going to split, if one wants to sell some of it is it better to sell before or after the split. I'm aware the cost would be adjusted, just wondering if it makes a difference. Thanks, Nick

Q: Hi 5i is CSH a buy/sell/hold, I hold small position and was thinking of moving on. Would you recommend waiting for earnings in a few days?

Q: What are your thoughts on comments around SHOP never becoming profitable enough to justify its crazy valuation. They added 1B in opex while only adding 270M in gross profit. They keep spending more and more money on R&D, new comp plans, to compete with Amazon. But mgmt has never given shareholders a plan on when and how they are going to reap the rewards of this hyper growth mode. Like many of these big tech stocks they are following the model of growth at all costs, then eventually we are so big and have so many customers that we increase prices, and cutdown on our costs, then the profits flow in. SHOP has never mentioned a plan for this and Toby isn't exactly the guy thats going to cut pay and let people go for the sake of profits. Starting to wonder if SHOP will ever be a massively profitable company like it was meant to?

Q: ABX is awful right now; why? Sell? If sell, do you stick with gold and in what please?

Q: Do any of the Brookfield companies require a T1135 to be filled out?

Q: If nuclear fusion became a reality, what companies/suppliers would benefit? Based on the research activity, I assume this innovation would come out of the U.S.

Q: Is it worth adding to CPG at the moment? What improvements are possible for CPG in the next 1 to 2 years?

The context for this question is a family member who holds CPG, currently less than 1% of their portfolio and 76% below their book value.

Perhaps it would be better to take the capital loss.

Thanks.

Q: do you think the rogers/shaw deal will be good or bad for bce and telus ?

Q: hi,
based on several recent responses to subscriber questions, can you let us readers know if you currently have any equities in the growth portfolio that are at risk of losing " a going concern" status? as a long term horizon investor, I am a bit concerned with so many recommendations to sell names in the growth portfolio. I thought the concept was buy low, sell high? if history shows that these smaller (market cap) companies always go way down in economic downturns and/or "recessions", then why not a recommendation when this all started many months ago to sell the small stuff... ?

Q: 5i recently answered Dennis' question on CDRs as follows: “CDRs are considered US holdings in all aspects, including withholding taxes and foreign securities reporting. ....”

All respects? My understanding is that CDRs are considered Canadian-situs (rather than U.S.-situs) holdings, which means that holding U.S. assets via CDRs would not affect a Canadian who might otherwise be subject to U.S. estate tax reporting and/or payment issues. Can you clarify this point?

Ted

Q: Hello Team
I am a retired income investor. I have calculated that my RRIF needs to yield about 4% in order to last until age 93( using my targeted withdrawal rate )I am happy with ZAG which now pays 3.53% and has a yield to maturity of over 4%. Does this gap in yield mean that ZAG unit price is over valued or is that where the the yield is moving towards? Should investors ignore the yield to maturity or just focus on the general trend in rates( I hope to buy more ZAG as rates move further up)thanks Gary