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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: Good afternoon,

I am starting a RESP for our grandsons: one born in 2021, the other born in 2023.

To maximize the CESG grant I contribute just over 2500$/year.

How would you suggest to invest the funds ? 2 or 3 index funds?
Would you include a NASDAQ -100 index fund such as XQQ, ZQQ or HXQ or even XIT (Canadian tech ETF)?

I would appreciate your guidance.
Kind Regards

Read Answer Asked by Elaine on April 26, 2023

Q: Over the next few months Iíll be duplicating the ETFMU Growth ETF portfolio inside my LIRA with retirement being 30 years away.

Out of the 13 ETFs in the portfolio , Which ones do you feel are a strong buy currently? Wanting to start purchasing the strong buys, highest convictions ETFs first.

Thank you,

Read Answer Asked by Shawn on April 11, 2023

Q: Here is an excerpt from my Disnat statement with entries and exits of $$.

02/24/2023 01/05/2023 DIVIDEND IN ISHARES SHARES NASDQ 100 IDX ETF -78.43

02/24/2023 01/05/2023 DIVIDEND COMPANY TRUST 200 ISHARES NASDQ 100 IDX ETF 78.43

I don't know where the money is going.
I would like to understand why these amounts were credited and then debited from my account. I asked the question to Disnat.
The answer was:
These are distributions from exchange-traded funds (ETFs).

My questions:
Is there any follow up to do from my part? Does that change my average cost?
Thank you

Read Answer Asked by Serge on March 10, 2023

Q: Could you give some suggestions for ETF's that track the Nasdaq and DOW? What account would you hold them in and are there any that trade in Canadian dollars?

Thanks

Read Answer Asked by Kolbi on January 10, 2023

Q: Hi 5i Team,

I am in the process of setting up an investment account for my nephew and would like to stick to indexes for the time being until he is comfortable with individual equities.

Given the current market climate and your best guess, what % would you attribute in a portfolio (out of 100%) to the following indices: VFV, XQQ, XIC, IWO, XGRO. Please feel free to suggest any other index that was not mentioned in the list above.

Thank you!

Read Answer Asked by David on December 23, 2022

Q: I am down on all of these by about 20%. If I sell them for a tax-loss harvest, what should I do for proxies? Also, since I have no capital gains for 2022, should I sell these stocks/ETFs in January to avoid a jump in stock price before the end of the year (as tax-loss harvesting season ends)?

Read Answer Asked by Brucey on December 02, 2022

Q: Hello,

I need to sell approximately $100,000 from my Unregistered account. I am trying to hold off as long as possible. Looking for your suggestions on which of the listed ETF's I should sell or should I sell a certain percentage from each one given where the market is now and where it might be going? If Industrials or Health care, etc. are projected to go higher then I obviously want to sell out from some other sectors.

Thanks for your great service. It was much easier to stay the course with my diversified portfolio and Portfolio Analytics keeping me on track.

Read Answer Asked by Mauro on November 14, 2022

Q: Hello 5i,
Looking at the top ten holdings of XQQ and SPY there appears to be a lot of overlap.
Do you agree? Is it advisable to own both?
Thanks
Dave

Read Answer Asked by Dave on October 27, 2022

Q: Hi 5i Team - Could you provide a couple (or more) ETF's related to the NASDAQ, with a long term horizon in mind. In particular are there any that reinvest their dividends rather than distribute them to their investors. Also what are the tax implications of reinvesting rather than distributing. Is there an ETF that covers all the listings on the the NASDAQ itself. Thanks.

Read Answer Asked by Rob on July 06, 2022

Q: Can you recommend your favorite Cad Hedged Nasdaq ETF and also Cad Hedged S & P 500 ETF?
My reason for hedging is with Canadian Energy companies picking up, unless we have a housing correction, the Cad dollar should eventually rise.

thanks,

Paul

Read Answer Asked by Paul on June 23, 2022

Q: I have about 10% of my portfolio in NVDA currently, and am . I have a 20+ year time horizon. Is this too risky of a position to take? Would I be better to put some or all of the money into XQQ, VUG, or GOOG to de-risk and position myself for long term returns?

Read Answer Asked by Brucey on May 27, 2022

Q: I am looking at 2 and 5 years charts for both funds and VGT was outperforming XQQ all the time in the last 2/5 years and didn't get cut as much. if you were to pick one now would you still go with VGT?
What is your view on ARKK now?

Read Answer Asked by JR on May 19, 2022

Q: Dear 5i team.

Further to Cyril's question where you "hand selected a few of your favs from the three portfolios", is this a diversified enough list to put a small ETF portfolio together based on? Can you suggest which ETFs may be appropriate?

I recently upgraded to include your ETF portfolios. Can you "handpick your favs" in these given the current market backdrop, risks, and opportunities ahead?

Many thanks.

Read Answer Asked by Arthur on March 30, 2022