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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: You have commented that some sort of position in gold is probably a good idea, akin to having some insurance in the event of a significant economic upheaval. Would you want to have HGY or HUG for this purpose?
Can you provide some analysis about them?
They started over 10 years ago, yet has a market cap of $67 and $57 million million. Why have they not grown?
Is its average volume of 16,000 and 3,000,. is there a concern with liquidity?
Last, BMO Investorline indicates a yield over 6% for HGY. Is any of this return of capital?
thank you for your excellent service
Read Answer Asked by Leonard on September 03, 2021
Q: Here is a multi-part question regarding gold ETFs, please deduct as many credits as necessary:
1) If one were to choose one of the following gold ETFs to hedge their portfolio, which one would 5i recommend (or would you recommend another), and why? CGL.C, IGT, HUG, HGY. What is your opinion on the covered call strategy employed in HGY?
2) What is the difference between GLD and GLDM? What are the pros/cons of owning one versus the other?
3) How are gold ETFs taxed in Canada? Is there any taxable component that is payable even if the ETF is simply held and not sold?

Thank you very much!

Walter
Read Answer Asked by Walter on January 30, 2020
Q: I have a large portfolio of 1.3 Mil in value. They are accross all sectors. I will be adding another 200k shortly. I have no precious metals in my portfolio as I was not comfortable with the volatility. What would you suggest for percentage amount of precious metals and what companies, ETF's
would you suggest. Is holding physical gold less volatile that companies?
If so, is there an ETF that holds physical gold.
Read Answer Asked by Ric on August 03, 2016