Investment Q&A

Q: Hi 5i Team - How would you rate the management of Vitalhub, Kraken Robotics, Zedcore and MDA Space. I realize that this is somewhat of a subjective question so no specific number/letter grades are needed - general comments would be fine. Thanks.

Q: If you own a Canadian domiciled ETF that holds US fixed income (like ZTS) what are the tax implications? Is there withholding tax if held in an RRSP, TFSA, or taxable account?
Some websites say no withholding tax on U.S. bonds but others say yes. What's the right answer?

Q: I think my question was more related to, do you agree that GLCC was so much better than AEM.
Using 04/21/2011 as start date to match available data range for AEM.CA and GLCC.CA
AEM.CA GLCC.CA Growth of $10,000.00
With Dividends Reinvested
Click for detailed chart tool
Start date: 04/21/2011 04/21/2011
End date: 01/17/2025 01/17/2025
Start price/share: $64.99 $10.04
End price/share: $123.09 $28.11
Starting shares: 153.87 996.02
Ending shares: 194.26 3,596.08
Dividends reinvested/share: $14.08 $21.84
Total return: 139.12% 910.86%
Average Annual Total Return: 6.54% 18.32%
Starting investment: $10,000.00 $10,000.00
Ending investment: $23,899.77 $101,111.35
Years: 13.75 13.75

Q: What are your predictions on CLS reporting tomorrow for Q4? Is it a smart or risky buy at this time? Many thanks?

Q: Does the Hamilton group of US etf.s like HYLD HBND. FMAX. HBIL have withholding tax if held in a TFSA or non regestered account? Thank you JIM

Q: I have held SCHD for several years and just compared its total return with that of SPY and VIG:
SCHD (Schwab U.S. Dividend Equity ETF)
• 1 Year: 15.73%
• 3 Years: 15.80%
• 5 Years: 76.76%
• 10 Years: 204.74%
SPY: SPDR S&P 500 ETF Trust:
• 1 Year: 27.37%
• 3 Years: 44.86%
• 5 Years: 98.26%
• 10 Years: 254.08%
VIG (Vanguard Dividend Appreciation ETF)
• 1 Year: 27.48%
• 3 Years: 45.14%
• 5 Years: 98.81%
• 10 Years: 256.38%
Are my calculations correct? Return on SCHD doesn't look right to me. The data supports Mr. Buffett’s view on SPY being better overall.

This question is prompted by concerns that my portfolios are in mostly high growth businesses and thus vulnerable. I wonder if one should lean towards dividend growth this year and trim the now-expensive high growth companies. Ignoring tax impact, would you today stay with SCHD, or switch to VIG, SPY , or do you have another US dividend-growth ETF to balance a high beta folio?
:ao:sab

Q: What is your assessment of the FCX quarter and year. I was expecting better results even with the slowdown in China.
Thanks for your thoughts.
Ian

Q: td analysts see this going up 100% this year and also dividend raises. It has done well compared to other canadian telcos and pays a 6.5% dividend and has been raising some 8-10%[just raised 8%]. Am i missing something since bce drops 30% for year and will not raise dividend or possibly cut in future. what is your take on cogeco for future as a dividend investor

Q: I have a significant amount of my USD portfolio in VOO, I won’t need the money for 20 years. I’m trying to decide where to invest new USD with current stock market valuation. With a long term horizon any reason I can’t keep buying VOO?

Q: Can we have your thoughts if you think the dividend is safe given the payout ratio is in excess of 100%
Analysts are constantly pushing for a dividend cut which is favourable for the people that purchased for both growth and income.
Management has said that they wont cut dividend , but what other choices do they have . ? selling the maple leaf assets has been more then offset by the purchase of the US fiber assets

Q: Hi Peter, Ryan and Team,
I know that 5i is a fan of momentum investing, and would like your take on VMO. We have a small position since Portfolio Analytics tells us that our International holdings are too low. Are there any similar ETFs in this space that we should consider?
Thanks as always for assisting us to make informed decisions.

Q: With headquarters being moved to the US and a greater demand for tungsten is ALL looking more attractive these days?

Q: Hi, you have indicated that both of these stocks serve similar areas and should do well as interest rates fall. What are the potential benefits of each of these for the next 3 years, which would you choose first, and why? Thank you for an interesting service.

Q: Hello,

Considering selling a combination of XBB, XLB, and ZMP and purchasing some CAP REIT. Would you see this as a good move? Or hold the bond ETFs? Looking for a longer term hold.

Thanks!

Q: I asked this question a while ago, but of course with a question like this, timing is everything..... So again...what are your best ideas for recent, and for no reason, significant dips on stock prices for great companies? (US or CAN). Thanks again for considering.

Q: Retired, dividend-income investor.

I've held Alaris just about forever and the current AD.UN iteration since 2018...bought in the $12 range. It has been on a bit of a run lately and hit $20 today. It is now in the asset allocation range I usually reserve for blue chip companies....instead of a smaller allocation reserved for smaller, higher risk companies.

With their portfolio of partner companies, I have also considered Alaris as almost ETF-like. I break out their holdings into the various asset allocation sectors, while maintaining a 50% weight in financials.

Q#1 = related to their valuations (P/B, P/CF, P/S, P/E), is Alaris on the cheap or expensive side?

Q#2 = do you agree with my thinking, that AD is almost ETF-like? If so, then I can live with the slightly higher asset allocation. If not, then I could comfortably trim and reallocate the proceeds.

Any comments would be appreciated. Thanks for your help...Steve

Q: Cosciens seems to be in a death spiral since the merger. Is there any hope here?

Q: Hello 5i,

Your thoughts please on KEI.CA, CRNT, and Idaho Strategic Resource. All three show growth in 2025.

Is the risk/reward too high? Please rank best to worst for a high-flyer in 2025 and beyond. .

Thank you
D&J

Q: Hello 5i,

Can you shed some light on Bloomberg's article into alternative off-exchange activity. The report indicated that 51% of all trades now are through this or alternative platforms called dark pools instead of Wall Street. It sounds like rich people getting higher value for their investments than the ordinary joe.

Thank you

D&J

Q: I have owned RY inside my RRIF for over 20 years and it has done very well. However it now seems to be trading at a premium to the other Canadian Banks. I hold it primarily to generate income, so I am wondering if I should sell it around the $180 level and invest the proceeds into another Canadian bank. I already hold TD, BMO and BNS and wonder which of NA and CM would you prefer? Or would you stick with RY despite its premium pricing and lower yield?