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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: I have the above ETF,s in my TFSA in roughly equal weights along with a number of stocks. Is there sugnifcat any over lap here? Where would add first or all equaly? I know your not a fan of covered call ETSs. Any suggested changes or additions?

Read Answer Asked by Henry on November 23, 2022

Q: As STIP and TIP have ceased to pay their previously excellent distributions, I have been looking for alternatives with similar distribution, diversification and volatility characteristics. XHY seems a valid choice; however, can you comment/provide alternatives? Thanks.

Read Answer Asked by David on November 23, 2022

Q: I am a vlaue investor, 76 years old, good pension. 43 stocks, 16 ETF's including the above covered call ETF's. I do have some growth holdings (IWO, LNF, WSP).All are doing well except ZIM and SYZ (not worried). My question is the covered call holdings are 10% of my portfolio. Is 10% too much? I do enjoy the $650 a month dividends which have been consistent for the past five months.
Thank you

Read Answer Asked by STANLEY on September 07, 2022

Q: Good Morning,
Would you rank ZWH as a buy in the current environment is there any comparable ETFs listed in CAD that perhaps have a smaller covered call overlay to allow more growth.

Read Answer Asked by Kyle on August 02, 2022

Q: I have the above in my TFSA along with 5 individual stocks currently.
Any gapes or duplication in the ETFs, Should I just add to each equally with any new contributions to an approx 10-12 % weighting for all and thereafter considerate on individual stocks for more growth torque.

Read Answer Asked by Henry on June 17, 2022

Q: Hello 5i
I hold the above covdered call ETF's as well as at least two individual companies from each (from before I bought these). also have over 10 ETF's that are not cover call. I have 51 positions with 49 stocks. These have performed well during this period of unrest. No they do not hit the high notes but not even close to bottom notes either but steadil;y increase in value aside from the dividends. My question is: with these new covered call ETF's at 12% of my investing portfolio (not including GIC's) might this be considered too much? Each is between 1.5% and 2% of the portfolio as are most of my holdings. The dividends are great and have kept up for the last three months. These also hold great companies that I would hold if I had room (and funds to buy them!) as a value investor. Please take as many credits as required.
Thank you

Read Answer Asked by STANLEY on June 07, 2022

Q: Hello 5i,
I am a value invester with a mix of equities and ETF's. I have done well with VGT and am up $8,000. As I look for dividends I am looking to sell VGT and buy ZWT. Also exchanging XHYy for ZWH, XTR for ZWC and VE for ZWE. Some are underwater but not by much. $75,000 is involved altogether with these exchanges. Do these changes make sense or should I just leave things as they are. The difference in dividends is nice to have (an extra $300 or more a month) but not really needed.

Read Answer Asked by STANLEY on April 25, 2022

Q: Could I get your favourite enhanced income etfs for a registered and non registered account

Read Answer Asked by Terry on April 23, 2022

Q: My son has $5k to put into his TFSA. He has CU, BCE, BEP.UN, WCP, ZWH, AC & BB as higher risk plays. For a 5 to 7 year conservative hold after which he will need funds for loan repayments etc (which is why his stock choices are mostly conservative), would you recommend more ZWH or a CAR.UN or... ?

Read Answer Asked by Harry on January 09, 2022

Q: Hi
The question by J Stephen piqued my interest I have been looking for ETFs that spin out dividends for an income stream. The dividend on this is very good which makes me wonder about risks. How would risks on this compare to a covered call ETF like ZWH . Thanks Keith

Read Answer Asked by Keith on July 30, 2021

Q: I'm looking for a ETF holding US stocks that will work well with ZWH.CA
This would be in a RRSP.

Read Answer Asked by Stephen on July 09, 2021

Q: Good morning, i know you are not real keen on income producing funds that sell options to enhance income but if you were buying a few, which ones would you recommend in today's market, thanks?

Read Answer Asked by pat on May 05, 2021

Q: What are the risks associated with investing in ZPAY? Also are there any similar funds with the same risks and rewards?
Thanks Mike

Read Answer Asked by Michael on April 15, 2021

Q: Hello 5i team, curious to know your thoughts about covered call ETFs, and whether they provide any interesting opportunities for portfolio diversification/hedging. If yes, would appreciate any suggested ETFs for Canadian, US and more international exposure. Thank you!

Read Answer Asked by Aaron on March 16, 2021

Q: As I approach retirement I am looking at transitioning more to ETF's (Cdn, US, Europe). Traditionally my comfort level is best when I own good quality divd paying stocks (hard asset to me).
Question: with etf's such as zwh, cdz, zwp (all owned), am I actually owning a basket of stock within those funds? Or do these funds utilize levers such as forward contracts, derivatives, indexes etc (which I have very little knowledge of) to generate their returns.
If not, are their cdn/us/Europe etfs with actual holdings that you can recommend

Read Answer Asked by Harry on February 09, 2021

Q: With BAM's takeover of BPY I will have some cash in my RRSP to invest. I want to add to my position in the US market. I currently hold the above ETFs in my RRSP in fairly equal weightings and represents a total of 20% of my total investible assest. The cash from BPY would represent a half position relative to my other US holdings. I do not need to RRIF for another 8 years.
2 questions:
1. Can you recommend another ETF for the US market in CAD that might supplement my current holdings or simply add proportionally to my existing holdings.
2. I am a bit concerned about the S&P 500 and the recent addition of Tesla which is at a stratospheric valuation in addition to the FANG stocks which are also at high valuations. (I also have a position in FANG with ZQQ). Would a switch to EQL or similar ETF provide a better balance and take advantage of a more broad market recovery in 2021.

Read Answer Asked by Bruce on January 07, 2021