skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Team,
Could you suggest Canadian ETFs of the following sectors for Senior incomes :
1 /Reit 2/ Utility 3/Prefer 4/Bank/Financial 5/Energy.
Please deduct as many question credit as needed.
Thanks as always,
Tak

Read Answer Asked by Tak on October 12, 2021

Q: Hi 5i:

Can the Price to Earnings ratio (P/E) be used to determine the valuation of these yield plays or should I be looking at the Net Asset Value (NAV) instead?

Using P/E they rank cheapest to most expensive as: DFN, FIE, ZWC and EIT.UN. Is that accurate and if not, how would you rank them, cheapest to most expensive?

Thanks in advance,
Greg.

Read Answer Asked by Greg on July 28, 2021

Q: Hi Peter, Ryan, and Team,

Back in 2014, Larry Berman said: " CMR-T is a money market fund. FIE-T is a multi holding income strategy holding all kinds of assets, so there will be more volatility. When markets are up go into CMR-T and FIE-T when they are down."

I'm asking this question to see if Larry's thesis is still valid. Our broker is Scotia iTrade, and both CMR and FIE are "commission-free" for both buying and selling. What we've been doing is to deploy dividends in our RRIF's into CMR, so that we can generate cash for the compulsory RRIF withdrawals. I was wondering if FIE could also be used, following Larry's advice, while realizing that FIE is more volatile than CMR. Thanks for providing such useful advice and insight.

Read Answer Asked by Jerry on March 25, 2021

Q: I would like to reduce the number of stocks I hold and one area that might be easiest to tackle first is financials. I hold ZEB, ZWC, BNS, and a lot of MFC.
I was considering selling all the above (except keeping a good portion of MFC) and putting the proceeds into FIE because of its seemingly good blend of dividend and growth..
But I need a sounding board - ZWC is the only under-performer in the group from my perspective.

Read Answer Asked by Peter on March 19, 2021

Q: I bought BAM.PR.B when the market had the big drop thinking it was a fairly safe way to collect a dividend and make a capital gain.... Now up 40% and the dividend yield has dropped to 3.7 %..... I think I have accomplished my goal and could choose something with a larger yield and better upside potential by replacing it with something like FIE maintaining my " Don't stick your neck out too far " policy for higher yield income .... { in a RRIF so no tax consequences } Your thoughts and two or three of your choices with my goals in mind ?
Thanks Garth

Read Answer Asked by Garth on March 19, 2021

Q: Hi, I currently have a BMO monthly income Mutual fund. I wish to replace it with an etf to reduce the fees. I am looking for an etf that pays monthly income, has the potential for some growth and a low mer. You have been a proponent of XTR before but would like to see if there are any others you think might be worth while. Maybe zmi. If you can suggest a canadian etf and an international etf that has some good diversification in different sectors.
Thanks

Read Answer Asked by pietro on February 05, 2021

Q: Which of these ETFs would you prefer for financial exposure? The fixed income component of FIE contains 20% CPD, which has had a nice run and is now approaching a 52 week high, 10% XCB (corporate bonds). The remaining 70% is banks and lifecos. ZWB, on the other hand, is 100% banks, with covered call premiums.

Read Answer Asked by Paul W on January 14, 2021

Q: Hi Team, Wondering if you could please suggest a good
ETF for growth - Canada and US.
Also a good ETF for Dividends - Canada and US.
This is for RRSP account.
Thanks

Read Answer Asked by Salome on January 13, 2021

Q: I have a fairly large holding of FIE. I like the large dividend and considering adding more to my position. What is your opinion about the sustainability of dividends for this ETF? Do you have any other high dividend stock/ETF you can suggest? This is for my TFSA.

Read Answer Asked by Bhaskar on January 07, 2021

Q: I have positions in several ETFs trading on the TSE. I like to keep up to date on major holding changes and weightings within each ETF. Is there a good (one stop shop) source of updated information, other than going on to the separate ETF company websites?

Read Answer Asked by Edward on August 05, 2020

Q: I know you've said in the past that one could replicate FIE relatively easy by owning say 3-4 bank stocks and an insurance company - but I don't think you could get the same yield as FIE, which is close to 8%. Even after subtracting the MER, I don't think you can match the yield (which is somewhat confusing to me).
Can you? If not, would you see a benefit in owning FIE?

Thanks
Robert

Read Answer Asked by Robert on July 22, 2020

Q: Would you please rank these companies in descending order of their dividend reliability.
Thanks.

Read Answer Asked by David on July 21, 2020