Q: I hold a significant position of ZWU ( less ZUT) for stability of the sector during crisis and stable dividends .ZWU holds around 40% of US stocks .In a non registered account, considering various factors: 1) NAV of ZWU is normally dropping over time 2) dividends are higher 3) no dividend tax credit for the US proportion 4) having a US proportion offers some kind of diversification : Alltogether would you consider one of those ETF a better choice for value + dividends? if not ,any ideal proportion of the 2 ? Many thanks ,JY
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: What's your view of ZWU now with tariffs coming. I'm downsizing risk in my portfolio but would like to keep it for income. Would you add, hold, or sell. Thanks, great service.
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BMO Covered Call Utilities ETF (ZWU)
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BMO Equal Weight Utilities Index ETF (ZUT)
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iShares S&P/TSX Capped Utilities Index ETF (XUT)
Q: Hello
Considering , tariffs and the impact that they have on the financial sector, what sector and which company stocks/etfs would you consider that are paying similar yields
Thank you
Considering , tariffs and the impact that they have on the financial sector, what sector and which company stocks/etfs would you consider that are paying similar yields
Thank you
Q: I have both ZWU and ZUT in an RRSP account. For the next 5+ years, should I continue to hold both, or only one. If one, please supply your reasons. ZWU pays a much higher dividend, and has ZUT as it's largest holding, but over the last 5 years it has underperformed ZUT. Is it a case of deciding whether I want more potential growth or more potential income?
Q: What insights do you have for the Utility sector in 2025? It was out of favor, caught a bid for a while and now it's falling back again. The yield is obviously nice but do you see the price continuing to decline? Thanks as always, great service.
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BMO Covered Call Utilities ETF (ZWU)
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iShares S&P/TSX Capped Utilities Index ETF (XUT)
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Hydro One Limited (H)
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Utilities Select Sector SPDR ETF (XLU)
Q: Planning to consolidate Utility sector in RIF. Current holdings include: ZWU, H, XUT, XLU. Which one would you keep ? Thank you
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Enbridge Inc. (ENB)
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Fortis Inc. (FTS)
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Brookfield Renewable Partners L.P. (BEP.UN)
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Tourmaline Oil Corp. (TOU)
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Birchcliff Energy Ltd. (BIR)
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BMO Covered Call Utilities ETF (ZWU)
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Brookfield Infrastructure Corporation (BIPC)
Q: Would you consider ZWU to be a reasonable replacement for the following equities in a RIF ?
BEP.un, BIPC, BIR, ENB, FTS, TOU
Please give Risk assessment 1 (low) out of 10 (high). Other suggestions/comments appreciated ?
BEP.un, BIPC, BIR, ENB, FTS, TOU
Please give Risk assessment 1 (low) out of 10 (high). Other suggestions/comments appreciated ?
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BMO Covered Call Utilities ETF (ZWU)
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iShares S&P/TSX Capped Utilities Index ETF (XUT)
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Hydro One Limited (H)
Q: Trying to consolidate utility positions in my RIF. Currently I own small positions in ZWU, H and XUT. Which one would you suggest keeping?
Thank you
Thank you
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BMO Covered Call Utilities ETF (ZWU)
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Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY)
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Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
Q: portfolio strategy question
I have adopted a dividend investment strategy of investing predominantly in canadian dividend paying equities and as expected am overweight in financials, telecom and utilities, this strategy allows me to sleep well at night, I am looking at enough dividend income from the portfolio to retire on and not have to touch the principle investment.
besides the lack of diversification in geography and sector. can you give me your opinion about concerns you may have with such a strategy and what you would suggest doing otherwise ?
I have adopted a dividend investment strategy of investing predominantly in canadian dividend paying equities and as expected am overweight in financials, telecom and utilities, this strategy allows me to sleep well at night, I am looking at enough dividend income from the portfolio to retire on and not have to touch the principle investment.
besides the lack of diversification in geography and sector. can you give me your opinion about concerns you may have with such a strategy and what you would suggest doing otherwise ?
Q: Now that we have had the first reduction in central bank interest rates, do you think there is a good investment opportunity in utilities? Looking mostly for price stability with income and some capital appreciation. Is there an equal weight ETF for utilities?
Thank you for your great service.
Thank you for your great service.
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BMO Covered Call Utilities ETF (ZWU)
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BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE)
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Canoe EIT Income Fund (EIT.UN)
Q: My wife has been diagnosed with dementia and on a waiting list for LTC. I'm thinking of setting up her TFSA for monthly income to top up her government pensions.
Thinking of eit.un, zwu, zwe . Harvest and Horizon have higher yields but I am concerned about sustainability. Your thought please.
Thank you for your good works.
Thinking of eit.un, zwu, zwe . Harvest and Horizon have higher yields but I am concerned about sustainability. Your thought please.
Thank you for your good works.
Q: Hi, With CDN interest rates maybe coming down I'm wondering if a switch from a covered call utility ETF (ZWU) to an equal weight ETF like ZUT makes sense? ZUT though has a fairly high MER, so is there a better option, or maybe better to just buy individual stocks. Thanks.
Q: Is the main purpose of a covered call ETF to increase income but have a flip side to potentially limit gain?
Q: Hi team. I have ZWU as my main utilities holding @ 11% and I also have positions in BCE and ENB on their own. ZWU has both BCE and ENB in their top 10 holdings. In your opinion am I participating in "di-worsification" by holding BCE and ENB outside of ZWU. Would you sell both BCE and ENB and fold the funds back into ZWU? I'm ok letting ZWU go to +/- 15% of my portfolio. Appreciate your thoughts. Bill.
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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
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BMO Covered Call Utilities ETF (ZWU)
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BMO Low Volatility US Equity ETF (ZLU)
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iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO)
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iShares Core Canadian Universe Bond Index ETF (XBB)
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iShares Core S&P/TSX Capped Composite Index ETF (XIC)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
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Vanguard FTSE Developed All Cap ex North America Index ETF (VIU)
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Vanguard Balanced ETF Portfolio (VBAL)
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Global X S&P/TSX Capped Composite Index Corporate Class ETF (HXCN)
Q: Can you suggest 10 best (sleep at night) low risk, monthly/quarterly income, tax efficient, Canadian etfs. Monthly preferred but not essential. Held in non registered account.
Q: replace zwu with umax to increase income. does this increase risk? thx james
Q: I've asked quite a few questions on these new Hamilton ETF's and thank you for the explanations you have given me thus far . They have been very informative ..... I'll likely have a few more before I make my final decision on whether to purchase .... I have noticed that though 5i generally gives them a nod of approval you fail to recommend them in questions as a covered call option. For example in a question this morning from KIM looking to replace his 11% yield from EIT.UN you give ZWU as an option instead of UMAX which yields better than KIim's target yield. First question is why ? The fact that you are giving the nod to the BMO product is making me pause in my purchase of the Hamilton product .....
Second question is though UMAX has only been around since June 23 please give the both the return without dividends and the return including dividends for both UMAX and ZWU during the available time period ? Thanks for your terrific service .....
Second question is though UMAX has only been around since June 23 please give the both the return without dividends and the return including dividends for both UMAX and ZWU during the available time period ? Thanks for your terrific service .....
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BMO Covered Call Canadian Banks ETF (ZWB)
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BMO Covered Call Utilities ETF (ZWU)
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BMO US High Dividend Covered Call ETF (ZWH)
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BMO Covered Call US Banks ETF (ZWK)
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Global X Gold Producer Equity Covered Call ETF (GLCC)
Q: All different holdings, but what would be your order of preference (based on expected total return) with the next 12 months in mind. Thanks as always, great service.
Q: Can you please recommend a few ETFs like ZLU that are traded in Canadian funds that exclude the magnificent seven. I will appreciate it if you can provide a list for both hedged and unhedged ETSs.
Thank you
Thank you
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BMO Covered Call Utilities ETF (ZWU)
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CI Tech Giants Covered Call ETF (TXF)
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Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX)
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Hamilton Technology YIELD MAXIMIZER TM ETF (QMAX)
Q: I am an income investor. I believe that umax and zwu are similar.
Would umax (14% yield) not be preferred to zwu at 8.2%
Same for qmax (11.8%) vs. txf at 8.3%
thank you for your comments
Would umax (14% yield) not be preferred to zwu at 8.2%
Same for qmax (11.8%) vs. txf at 8.3%
thank you for your comments